Exercise 4-9 (Algo) Preparing closing entries and a post-closing trial balance LO P2 Following are accounts and year-end adjusted balances of Cruz Company as of December 31 Number Account Title Debit Credit 101 Cash $ 18,000 126 Supplies 11,600 128 Prepaid insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation Equipment $ 6,500 301 A. Cruz, Capital 43,864 302 A. Cruz, Withdrawals 6,000 403 Services revenue 44,500 612 Depreciation expense-Equipment 2,000 622 Salaries expense 25,944 637 Insurance expense 1,869 640 Rent expense 2,982 652 Supplies expense 1,469 Totals $ 94,864 $ 94,864 1. Prepare the December 31 closing entries. The account number for Income Summary is 901 2. Prepare the December 31 post-closing trial balance. Note: The A. Cruz, Capital account balance was $43,864 on December 31 of the prior year