The adjusted trial balance for China Tea Company at December 31, 2018, is presented below:...

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	Debit		Credit
Cash		10,500
Accounts receivable		150,000
Prepaid rent		5,000
Inventory		25,000
Equipment		300,000
Accumulated depreciation - equipment				125,000
Accounts payable				30,000
Notes payable - due in three months				30,000
Salaries payable				4,000
Interest payable				1,000
Common stock				200,000
Retained earnings				50,000
Sales revenue				400,000
Costs of goods sold		180,000
Salaries expense		120,000
Rent expense		15,000
Depreciation expense		30,000
Interest expense		2,000
Advertising expense		2,500
Totals		840,000		840,000

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