The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Need some help to take a look and fill out some on the second sheet. Thanks.

The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Credit Debit $18,000 12,700 2,000 23,000 $ 6,500 9,195 38,600 No. Account Title 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 6,000 34,200 2,000 19,939 1,436 2,291 1,129 $88,495 $88,495 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 $38,600 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 View journal entry worksheet General Journal Credit No 1 Date Dec 31 Debit 34,200 Services revenue Income summary 34,200 2 Dec 31 26,795 Income summary Depreciation expense-Equipment Salaries expense Insurance expense Rent expense Supplies expense 2,000 19,939 1,436 2,291 1,129 3 Dec 31 38,600 Income summary Retained earnings 38,600 Dec 31 6.000 Retained earnings Dividends 6,000 Required 1 Required 2 > 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 $38,600 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, post-closing trial balance for Cruz Company. Note: The Retained Earnings account balance was $38,600 on December 31 of the prior year. Credit CRUZ COMPANY Post-Closing Trial Balance December 31 Debit $ 18,000 12,700 2,000 23,000 Cash Supplies Prepaid insurance Equipment 34,200 34,200 Totals $ 55,700 $ Required 1 Required 2 >