The following adjusted trial balance contains the accounts and year-end balances of Cruz Company (a sole proprietorship) as of December 31. Notes: -Prepare the closing entries in the logical order we studied. -The accounts in the post-closing trial balance should be in the same order as in the adjusted trial balance. No. 101 Cash 126 Supplies Account Title Debit Credit $18,000 9,800 128 Prepaid insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 301 A. Cruz, Capital 45,060 302 A. Cruz, Withdrawals 6,000 404 Services revenue 33,600 612 Depreciation expense-Equipment 2,000 622 Salaries expense 19,589 637 Insurance expense 1,411 640 Rent expense 2,251 652 Supplies expense Totals 1,109 $85,160 $85,160 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: A. Cruz, Capital was $45,060 on December 31 of the prior year