The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 No. Account Title Debit Credit 101 Cash $18,000 126 Supplies 11, 800 128 Prepaid insurance 2.000 167 Equipent 23.000 168 Accumulated depreciation-Equipent $ 6,500 307 Connon stock 10,865 318 Retained earnings 34.600 319 Dividends 6.000 404 Services revenue 39, 400 612 Depreciation expense-Equipnent 2,000 622 Salaries expense 22,970 637 Insurance expense 1.655 640 Rent expense 2, 640 652 Supplies expense 1,300 Totals $91, 365 $91, 365 1. Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. 2. Prepare the December 31, post-closing trial balance for Cruz Company. Note: The Retained Earnings account balance was $34.600 on December 31 of the prior year. Required 1 Required 2 Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is View transaction list Journal entry worksheet 1 2 3 Record the entry to close revenue accounts. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal