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Following are accounts and year end adjusted balances of Cruz Company as of December 31 Credit Debit $ 10,000 9.900 2.000 23,000 Humber 101 126

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Following are accounts and year end adjusted balances of Cruz Company as of December 31 Credit Debit $ 10,000 9.900 2.000 23,000 Humber 101 126 123 167 160 301 302 40) 612 622 $ 6,500 Account Title Cash Supplies Prepald Insurance Equipment Accumulated depreciation Equipment A. Cruz, Capital A. Crut, withdrawals Services revenue Depreciation expense-Equipment Salaries expense insurance expense Went expense Supplies expense Totals 6,000 640 2.000 25,361 1,827 2,915 1,436 $ 92,439 $ 92,439 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, Capitol account balance was 542,439 on December 31 of the prior yeat Complete this questions by entering your answers in the tobs below. Required 1 Required 2 Prepare the December at closing entries. The account number for Income Summary leo View lasaction list Journal entry worksheet 1 2 3 Record the entry to close revenue accounts. Notaridebt before cred Proy 2. 3 Next >

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