hello,

I can't seem to solve it the right way. please let me know if there's anything else I can send you! Thank you!

Exercise 3-20 (Algo) Preparing closing entries and a post-closing trial balance LO P6 Following are accounts and year-end adjusted balances of Cruz Company as of December 31. 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 Eamings account balance wos $33,600 on December 31 of the prioryear. Complete this questions by entering your answers in the tabs below. Prepare the December 31 closing entries. The account number for income Summary is 901 . Prepare the December 31 closing entries. The account number for Income 1 Record the entry to close revenue accounts. 2 Record the entry to close expense accounts. 3 Record the entry to close income summary account. 4 Record the entry to close the dividends account. Note : = journal entry has been entered Prepare the December 31 closing entries. The account number for Income Summary is 901. Journal entry worksheet 4 Record the entry to close revenue accounts. Note: Enter debits before credits. Prepare the December 31 post-closing trial balance. Note: The Retained Earnings account balance was $33,600 on December 31 of the prior year