Award: 3.33 points The following adjusted trial balance contains the accounts and balances of Cruz Company as of December 31, 2017, the end of its fiscal year No. 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation -Equipment 301 T. Cruz, Capital 302 T. Cruz, Withdrawals 404 Services revenue Account Title Debit Credit $19,000 13,000 3,000 24,000 7.500 47,600 7,000 44,000 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense 3,000 22,000 2,500 3,400 Totals $99,100 $99,100 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. Journal entry worksheet 2 3 4 Record the entry to close revenue accounts Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Date General Journal Debit Credit Dec 31 Record entry Clear entry View gener Journal entry worksheet 2 3 4 Record the entry to close income summary account. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry ew general journal Journal entry worksheet 2 3 4 Record the entry to close the withdrawals account. Note: Enter debits before credits. Date General Journal Debit 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