Exercise 4-9 (Algo) Preparing closing entries and a post-closing trial balance LO P2 Following are accounts and year-end adjusted balances of Cruz Company as of December 31. Number 101 Account Title Cash 126 Supplies 128 Prepaid insurance 167 168 Equipment Accumulated depreciation-Equipment Debit $ 18,000 14,700 2,000 23,000 Credit $ 6,500 301 A. Cruz, Capital 45,972 382 A. Cruz, Withdrawals 6,000 483 Services revenue 48,100 612 Depreciation expense-Equipment 2,000 622 Salaries expense 28 042 637 Insurance expense 2.020 648 652 Rent expense 3.223 Supplies expense Totals 1,587 $ 100,572 $100,572 1. Prepare the December 31 closing entries. The account number for Income Summary Is 901. 2. Prepare the December 31 post-closing trial balance. Note: The A. Cruz, Capital account balance was $45,972 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. The account number for Income Summary is 901.