6 Exercise 4-9 Preparing closing entries and a post-closing trial balance LO P2, P3 The following adjusted trial balance contains the accounts and balances of Cruz Company as of December 31, 2017, the end of its fiscal 16 year points Skipped Account Title DebitCredit No $18,0e0 12,280 2,000 23,000 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 T. Cruz, Capital 302 T. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense eBook Hint $6,580 44,464 Print References 6,000 44,500 2,000 25,944 1,869 2,982 1.469 $ 95,464$ 95,464 Totals 1. Prepare the December 31, 2017, closing entries for Cruz Company. Assume the account number for Income Summary is 901 2. Prepare the December 31, 2017, post-closing trial balance for Cruz Company Complete this questions by entering your answers in the tabs below. 16 points Required 1 Required 2 Skipped Prepare the December 31, 2017, closing entries for Cruz Company. Assume the account number for Income Summary is 901 View transaction list eBook Journal entry worksheet Hint 2 Print Record the entry to close revenue accounts References Note: Enter debits before credits. Date Debit Credit General Journal Dec 31 Clear entry Record entry View general journal Required 1 Required 2 > Journal entry worksheet 4 2 Record the entry to close expense accounts. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Journal entry worksheet 2 4 Record the entry to close income summary account. Note: Enter debits before credits. Credit Date General Journal Debit Dec 31 Clear entry Record entry View general journal Journal entry worksheet 2 4 Record the entry to close the withdrawals account Note: Enter debits before credits. Debit Date General Journal Credit Dec 31 Record entry Clear entry View general journal Required 1Required 2 Prepare the December 31, 2017, post-closing trial balance for Cruz Company. CRUZ COMPANY Post-Closing Trial Balance December 31, 2017 Debit Credit Totals K Required Required 2