00 Exercise 3-10 Preparing closing entries and a post-closing trial balance LO P7, P8 oints eBook The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. No. Account Title Debit Credit 101 Cash $18,eee 126 Supplies 11,400 128 Prepaid insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 3e7 Common stock 6,870 318 Retained earnings 36,600 319 Dividends 6, eee 404 Services revenue 45,200 612 Depreciation expense-Equipment 2,800 622 Salaries expense 26,352 637 Insurance expense 1,898 640 Rent expense 3,028 652 Supplies expense 1,492 Totals $95,170 $95,170 Hint Ask References 1. Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. 2. Prepare the December 31. post-closing trial balance for Cruz Company. Note: The Retained Earnings account balance was $36.600 on December 31 of the prior year. Complete this questions by entering your answers in the tabs below. Required 1 Required 2 Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. View transaction list Journal entry worksheet Record the entry to close revenue accounts. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal