The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Credits Debits 14,600 345,000 14,500 54,000 640,000 Account Title Cash Accounts receivable Prepaid rent Inventory office equipment Accumulated depreciation Accounts payable Notes payable (due in six months) Salaries payable Interest payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Totals 266,000 78,000 72,000 7,800 2,400 400,000 165,000 780,000 468,000 117,000 43,500 64,000 4,800 5,800 1,771,200 1,771,200 Complete this question by entering your answers in the tabs below. Reg 1A Req 1B Req 2 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 View journal entry worksheet No General Journal Debit Credit Date December 31, 2021 Sales revenue 780,000 780,000 12 December 31. 2021 Cost of goods sold 468,000 Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Req 1B Req2 >