The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Number Account Title Debit $ 18,000 Credit 12,000 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 307 Common stock 318 Retained earnings 319 Dividends 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals 2,000 23,000 $ 6,500 9,157 35,600 6,000 42,700 2,000 24,894 1,793 2,861 1,409 $ 93,957 $ 93,957 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 $35,600 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 901. View transaction list Journal entry worksheet 1 2 3 4 Record the entry to close revenue accounts. Note: Enter debits before credits. Date December 31 General Journal Debit Credit > Required 1 Required 2 Prepare the December 31, post-closing trial balance for Cruz Company. Note: The Retained Earnings account balance was $35,600 on December 31 of the prior year. CRUZ COMPANY Post-Closing Trial Balance December 31 Totals Debit Credit < Required 1 Required 2 >