Debit $18,000 8,400 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. No. 101 Cash 126 Supplies Account Title Credit 128 Prepaid insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 301 A. Cruz, Capital 40,745 302 A. Cruz, Withdrawals 6,000 404 Services revenue 44,200 612 Depreciation expense-Equipment 2,000 622 Salaries expense 25,769 637 Insurance expense 1,856 640 Rent expense 2,961 652 Supplies expense Totals 1,459 $91,445 $91,445 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 $40,745 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 list Journal entry worksheet 1 2 3 4 Record the entry to close revenue accounts. Note: Enter debits before credits. Date Dec 31 General Journal Debit Credit Record entry Clear entry View general journal >