Exercise 4-9 Preparing closing entries and a post-closing trial balance P2 P3 The following adjusted trial balance contains the accounts and balances of Cruz Company as of December 31, 2015, the end of its fiscal year. (1) Prepare the December 31, 2015, closing entries for Cruz Company. Assume the account number for Income Summary is 901. (2) Prepare the December 31, 2015, post- closing trial balance for Cruz Company. No. Account Title Debit Credit $19,000 13,000 3,000 24,000 $ 7,500 47,600 101 126 128 167 168 301 302 404 612 622 637 640 652 7,000 Cash ................................... Supplies ........ .......... ... Prepaid insurance ........ ..... ... Equipment ....... Accumulated depreciation Equipment T. Cruz, Capital .... .. . T. Cruz, Withdrawals .......... . ...... Services revenue ......................... Depreciation expense-Equipment ............ Salaries expense ............. . Insurance expense ....... .. Rent expense ........ .... Supplies expense ...... ..... Totals ................ 44,000 3.000 22,000 2,500 3,400 2.200 $99,100 Check (2) T. Cruz, Capital (ending). $51,500Total debits, $59,000 $99.100