Question: st #1 G Saved Help Save & Exit The adjusted trial balance for China Tea Company at December 31, 2018, is presented below: Credit Debit

 st #1 G Saved Help Save & Exit The adjusted trial

st #1 G Saved Help Save & Exit The adjusted trial balance for China Tea Company at December 31, 2018, is presented below: Credit Debit 11,100 156,000 5,600 31,000 360,000 Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated depreciation - equipment Accounts payable Notes payable - due in three months Salaries payable Interest payable Common stock Retained earnings Sales revenue Costs of goods sold Salaries expense Rent expense Depreciation expenso Interest expenso Advertising expense Totals 131,000 36.000 36,000 4,600 1.600 230,000 53200 450,000 210,000 125.000 21,000 36.000 2.600 3.100 962.400 962.400 Required: Prepare a classified balance sheet for China Tea Company as of December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.)

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