Following are accounts and year-end adjusted balances of Cruz Company as of December 31.

1. Prepare the December 31 closing entries. The account number for Income Summary is 901.
2. Prepare the December 31 post-closing trial balance. 

The Retained Earnings account balance was $37,600 on December 31 of the prior year.

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No. Account Title 101 Cash..... 126 Supplies.... 128 Prepaid insurance.. 167 Equipment....... 168 Accumulated depreciation-Equipment 307 Common stock ..... 318 Retained earnings.. Dividends... 319 403 Services revenue 612 Depreciation expense-Equipment... 622 637 640 652 Salaries expense... Insurance expense Rent expense Supplies expense. Totals...... Debit Credit $19,000 13,000 3,000 24,000 7,000 3,000 22,000 2,500 3,400 2,200 $99,100 $ 7,500 10,000 37,600 44,000 $99,100