Exercise 4-9 Preparing closing entries and a post-closing trial balance GP2P3 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. (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: The A. Cruz, Capital account balance was $47,600 on December 31 of the prior year. Debit Credit $19.000 13.000 3.000 24.000 $ 7.500 47.600 No. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation Equipment 301 A. Cruz, Capital 302 A. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals 7.000 44.000 3.000 22,000 2.500 3.400 2,200 $99,100 $99.100 Check24.C.Capital in 4500 Total des $50.000