American Chip Corporation's fiscal year-end is December 31. The following is a partial adjusted trial balance as of December 31, 2018. Debits Credits 90,000 850,00 8,888 Account Title Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Insurance expense 470,eee 280, eee 25,000 40,eee 6.ee 7,888 Required: Prepare the necessary closing entries at December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction Mat Journal entry worksheet 2 3 1 Record the entry to close the revenue accounts using the income summary Note: Enter debits before credits Date General Journal Debit Credit December 31, 2018 Record entry Clear entry View general Journal