Question: Exercise 4-9 Preparing closing entries and a post-closing trial balance LO P2, P3 The following adjusted trial balance contains the accounts and year-end balances of
Exercise 4-9 Preparing closing entries and a post-closing trial balance LO P2, P3 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 Account Debt Credit 101 Cash 126 Supplies $10,000 11,700 128 Prepaid Insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation Equipment $ 6,500 301 A. Cruz, Capital 382 A. withdrawals 46,714 6.000 Services revenue 14, see 612 Depreciation expense-Equipment 2,000 2 startes se 20.114 637 Insurance expense 1,40 10 Rant expense 2,112 Tutats 117.714187.714 1. Prepare the December 31, closing entries for Cur Company Assume the account number for Income Summary is 901 2. Prepare the December 31 post-closing trial balance for Crus Company, Nore A Cruz, Capital was $46.754 on December 31 of the prior year Complete this questions by entering your answers in the tabs below Freda Prethe December 31. desinger for Company Assume the account number for Income fummary is 101 Verwanted of Next > ype here to search BE
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