ork The following adjusted trial balance contains the accounts and year-en No. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 A. Cruz, Capital 302 A. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals Debit Credit $18,000 10,100 2,000 23,000 $ 6,500 42,225 6,000 45,000 2,000 26,235 1,890 3,015 1,485 $93,725 $93,725 Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. View transaction list Journal entry worksheet 1 2 3 4 Record the entry to close revenue accounts, Note Enter debits before credits Date General Journal Dobit Credit Dec 31 Record entry Clear entry View general journal Required 2 >