8 Exercise 3-10 Preparing closing entries and a post-closing trial balance LO P7, P8 nts eBook The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. No. Account Title Debit Credit 101 Cash $18,000 126 Supplies 11,400 128 Prepaid insurance 2,800 167 Equipment 23, eee 168 Accumulated depreciation Equipment $ 6,500 307 Common stock 6,870 318 Retained earnings 36,600 319 Dividends 6, eee 404 Services revenue 45,200 612 Depreciation expense-Equipment 2,800 622 Salaries expense 26,352 637 Insurance expense 1,898 640 Rent expense 3,828 652 Supplies expense 1.492 Totals $95,170 $95,170 Hint Ask eferences 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 $36.600 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 $36,600 on December 31 of the prior year. CRUZ COMPANY Post-Closing Trial Balance December 31 Debit Credit Totals S S 0