The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. 26 No. Account Title Debit Credit 101 Cash $18,000 126 Supplies 14,800 128 Prepaid insurance 2,000 18 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 points 387 Common stock 6,370 318 Retained earnings 41,600 002638 319 Dividends 6,000 484 Services revenue 41,200 612 Depreciation expense-Equipment 2,000 622 Salaries expense 24,020 637 Insurance expense 1,730 640 Rent expense 2,768 652 Supplies expense Totals 1,360 $95,670 $95,670 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 $41,600 on December 31 of the prior year. Complete this questions by entering your answers in the tabs below. 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