Following are accounts and year-end adjusted balances of Cruz Company as of December 31. Number Account Title 101 Cash 126 Supplies Debit $ 18,000 12,800 Credit 128 Prepaid insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 301 A. Cruz, Capital 46,657 302 A. Cruz, Withdrawals 6,000 403 Services revenue 38,700 612 Depreciation expense-Equipment 2,000 622 Salaries expense 22,562 637 Insurance expense 1,625 640 Rent expense 2,593 652 Supplies expense 1,277 Totals $91,857 $91,857 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 $46,657 on December 31 prior year. Complete this questions by entering your answers in the tabs below. Required 1 Required 2 Prepare the December 31 closing entries. The account number for Income Summary is 901. View transaction list