7 Exercise 4-9 Preparing closing entries and a post-closing trial balance LO P2, P3 3.33 points The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 eBook No. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 101 A. Cruz, Capital 302 A. Crus, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 salaries expense 637 Insurance expense 640 Rent exponse 652 Supplies expense Totals Debit Credit $10,000 12.900 2,000 23,000 5 6,500 47,364 6.000 36,500 2,000 21,280 1,533 2.446 1,205 $90,364 $90,364 Hint 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: A Cruz, Capital was $47,364 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 line Journal entry worksheet 1 2 Record the entry to close revenue accounts 7 2. Prepare the December 31, post-closing trial balance for Cruz Company, Note. A Cruz, Capital was $47,364 on December 31 of the prior year Complete this questions by entering your answers in the tabs below. 3.33 points Required 1 Required 2 Prepare the December 31, closing entries for Cruz Company, Assume the account number for Income Summary is 901. View transaction at Hint Journal entry worksheet References 4 Record the entry to close revenue accounts. Notar inte det berecret General Journal Debit Credit Date Dec. 31 Record entry Clear entry View general Journal Required 2 > 7 622 Salaries expense 637 Insurance expense 640 Rent expenso 652 Supplies oxpense Totals 21,280 1,533 2,446 1,205 $90,364 $90,364 3.33 points 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. A. Cruz, Capital was $47,364 on December 31 of the prior year. eBook Complete this questions by entering your answers in the tabs below. Hint Required 1 Required 2 References Prepare the December 31, post-closing trial balance for Cruz Company. Note: A Cruz, Capital was $47,364 on December 31 of the prior year. CRUZ COMPANY Post-Closing Trial Balance December 31 Debit Credit Total $ 0 0 $