The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 NO- Credit Debit $18,000 9,600 2,000 23,000 $ 6,500 42,935 Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 ACruz, Capital 302 A. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals 6,000 40,600 2,000 23,670 1.705 2,720 1,340 $90,035 $90,035 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 $42.935 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 2 3 4 Record the entry to close revenue accounts Note: Enter debits before credits General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal View transaction list Journal entry worksheet View transaction ist Journal entry worksheet