The following account balances appeared in the Adjusted Trial Balance prepared for PinPon Company for the year ended December 31: Debit (RM) Credit (RM) 67,000 Fee revenue Salaries expense 30,000 Utilities expense 8,000 Advertising expense 3,500 11,000 Rent revenue Supplies expense 950 1 Withdrawal Cash 3,500 45,200 Land 87,000 Capital 75,150 Accounts Receivable 6,500 Accounts Payable 13,000 Salaries Payable 6,500 Notes Payable 12,000 REQUIRED: Identify which accounts that need to be closed and prepare the closing entries