The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Debit Credit 101 Cash 126 Supplies 128 Prepaid insurance $18,000 11,800 2,e00 23,800 168 Accumulated depreciation-Equipment 387 Common stock 318 Retained earnings 319 Dividends $ 6,508 3,582 39,600 6,000 47,700 expense-Equipment 612 Dep 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense 2,000 27,809 2,883 3,196 1,574 Totals $97,382 $97,382 1. Prepare the December 31, closing entries for Cruz Company. Assume the account num 2. Prepare the December 31, post-closing trial balance for Cruz Company, Note: The Retained Earnings account balance was $39.600 ber for Income Summary is 901 31 of the prior year Complete this questions by entering your answers in the tabs below Required 1 Required 2 Prepare the D 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. Journal entry worksheet 2 4 Record the entry to close revenue accounts Note: Enter debits before credits. General Journal Debit Credit View general journal Clear entry Required 2 Print Journal entry worksheet 4. Record the entry to close expense accounts. Note: Enter debits before credits General Journal DebitCredit Dec 31 Clear entry View general journal Journal entry worksheet 2 Record the entry to close income summary account. General Journal Debit Credit Dec 31 Clear entry Required 2> Journal entry worksheet 2 3 Record the entry to close the dividends account. General Journal Debit Credit Dec 31 View general journal Clear entry Required 2 points Complete this questions by entering your answers in the tabs below eBook Required 1 Required 2 Prepare the December 31, post-closing trial balance for Cruz Company. 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