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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

image text in transcribed 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 Retained Earnings account balance was $37,600 on December 31 the prior year. Complete this questions by entering your answers in the tabs below. Prepare the December 31 post-closing trial balance. Note: The Retained Earnings account balance was $37,600 on December 31 of the prior year

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