Exercise 4-9 Preparing closing entries and a post-closing trial balance LO P2, P3 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. No. 101 Cash Account Title Debit Credit $18,000 126 Supplies 12,100 128 Prepaid insurance. 2,000 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 301 A. Cruz, Capital 46,645 302 A. Cruz, Withdrawals 6,000 404 Services revenue 36,200 612 Depreciation expense-Equipment 2,000 622 Salaries expense 21,105 637 Insurance expense 1,520 640 Rent expense 2,425 652 Supplies expense Totals 1,195 $89,345 $89,345 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 $46,645 on December 31 of the prior year.