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. Credit Debit $ 18,000 $ 8,700 2,000 23,000 Number 101 126 128 167 168 307 318 319 403 612 622 637 640 652 $ 6,500 3,590 39,600 Account Title Cash Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Common stock Retained earnings Dividends Services revenue Depreciation expense-Equipment Salaries expense Insurance expense Rent expense Supplies expense Totals 6,000 36,400 2,000 21,221 1,529 2,439 1,201 $ 86,090 $ 86,090 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 $39,600 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 list Journal entry worksheet Record the entry to close revenue accounts. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journal Following are accounts and year-end adjusted balances of Cruz Company as of December 31. Credit Debit $ 18,000 8,700 2,000 23,000 Number 101 126 128 167 168 307 318 319 403 612 622 637 640 652 $ 6,500 3,590 39,600 Account Title Cash Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Common stock Retained earnings Dividends Services revenue Depreciation expense-Equipment Salaries expense Insurance expense Rent expense Supplies expense Totals 6,000 36,400 2,000 21,221 1,529 2,439 1,201 $ 86,090 $ 86,090 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 $39,600 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 post-closing trial balance. Note: The Retained Earnings account balance was $39,600 on December 31 of the prior year. CRUZ COMPANY Post-Closing Trial Balance December 31 Debit Credit Totals $