Following are accounts and year-end adjusted balances of Cruz Company as of December 31. Number 101 Account Title Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 207 Common stock 218 Retained earnings 319 Dividends 403 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals Debit $ 18,000 Credit 10, 100 2,000 23,000 $ 6,500 8,405 33,600 6,000 45,800 2,000 26, 701 1,924 3,069 1,511 $ 94, 305 $ 94,305 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 Retained Earnings account balance was $33,600 on December 31 of the 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 let Journal entry worksheet 1 2 3 4 Record the entry to close revenue accounts. General Journal Debit Credit Note: Enter debits before credits. Date December 31 Record entry Clear entry View general journal