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2 The trial balance of Jerai Ria at 31 December 2021 showed Inventory RM25,000, Sales Revenue RM160,000, Cost of Goods Sold RM98,000, Rent Expense RM8,000,

2 The trial balance of Jerai Ria at 31 December 2021 showed Inventory RM25,000, Sales Revenue RM160,000, Cost of Goods Sold RM98,000, Rent Expense RM8,000, and Salaries Expense RM22,000. REQUIRED: Prepare the closing entries for Jerai Ria

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