5 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. No. Account Title 1.66 points 101 Cash 126 Supplies Debit $18,000 14,900 Credit 128 Prepaid insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 eBook 307 Common stock 318 Retained earnings 12,543 36,600 Hint 319 Dividends 6,000 404 Services revenue 37,300 Print 612 Depreciation expense-Equipment 2,000 622 Salaries expense 21,746 References 637 Insurance expense 1,567 640 Rent expense 2,499 652 Supplies expense Totals 1,231 $92,943 $92,943 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.