Following are accounts and year-end adjusted balances of Cruz Company as of December 31.

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 14,100 2,000 128 Prepaid insurance 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 301 A. Cruz, Capital 45,318 302 A. Cruz, Withdrawals 6,000 403 Services revenue 48,300 612 Depreciation expense-Equipment 2,000 622 Salaries expense 28,159 637 Insurance expense 2,029 640 Rent expense 3,236 652 Supplies expense 1,594 Totals $ 100,118 $ 100,118 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 $45,318 on December 31 of the prior year. View transaction list No Date View journal entry worksheet General Journal Debit Credit X