Exercise 4-9 Preparing closing entries and a post-closing trial balance LO P2, P3 The following adjusted trial balance contains the accounts and balances of Cruz Company as of December 31, 2017, the end of its fiscal year TitleDebit Credit 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 T. Cruz, Capital 02 T. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense s 18,890 11,300 2,000 23,000 6,500 46,864 6,000 32,500 2,000 18,948 1,365 2,178 1,073 Totals 85,8645 85,864 1. Prepare the December 31, 2017, closing entries for Cruz Company. Assume the account number for Income Summary is 901 2. Prepare the December 31, 2017, post-closing trial balance for Cruz Company . Prepare the December 31, 2017, closing entries for Cruz Company. Assume the accour 2. Prepare the December 31, 2017, post-closing trial balance for Cruz Company Complete this questions by entering your answers in the tabs below. Required 1Required 2 Prepare the December 31, 2017, closing entries for Cruz Company. Assume the account nun View transaction list Journal entry worksheet Record the entry to close expense accounts. Note: Enter debits before credits. General Journal Date Dec 31 income summary 25,564 Depreciation expense-Equipment Salaries expense Insurance expense Rent expense Supplies expense 2,000 18,948 1,365 2,178 1,073 Record entry Clear entry View general jourmal