6 Exercise 2-13 (Algo) Closing entries (LO2-8] 25 paints American Chip Corporation's reporting year-end is December 31. The following is a partial adjusted trial balance as of December 31, 2021 Debits eBook Credits 92,000 B70,000 3,500 Hint Account Title Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Insurance expense Print 480,000 110,000 27,000 42,000 6, 200 7,200 References Required: Prepare the necessary closing entries at December 31, 2021. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 > Record the entry to close the revenue accounts. LUCK mY WORK O) View transaction list Journal entry worksheet 25 paints 1 2 > eBook Record the entry to close the revenue accounts. Hint Print References Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2021 Record entry Clear entry View general Journal 6 View transaction list Journal entry worksheet 25 paints