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1. Prepare the December 31 closing entries. The account number for Income Summary is 901. 2. Prepare the December 31 post-closing trial balance. Note: The
1. Prepare the December 31 closing entries. The account number for Income Summary is 901. 2. Prepare the December 31 post-closing trial balance. Note: The A. Cruz, Capital account balance was $40,000 on December 31 of the prior year. Complete this questions by entering your answers in the tabs below. Prepare the December 31 closing entries. The account number for Income Summary is 901 . Journal entry worksheet Note: Enter debits betore credits. Prepare the December 31 post-closing trial balance. Note: The A. Cruz, Capital account balance was $40,000 on December 31 of the prior year
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