Question: Help Save & Exit Submit The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 Credit Debit




Help Save & Exit Submit The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31 Credit Debit $19,000 13,000 3,000 24,000 No. Account Title 101 Cash 126 Supplies 125 Prepaid Insurance 167 Equipment 165 Accumulated depreciation Equipment 307 Cowon stock 313 Retained earnings 319 Dividends 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 540 Rent expense 652 Supplies expense Totals $ 7,500 10,000 37.600 7,600 44,000 3,000 22.000 2,500 3,400 2.200 $99.100 $99, 100 1. Prepare the December 31, closing entries for Cruz Company Assume the count number for Income Summary is 901 2. Prepare the December 31, post-closing trial balance for Cruz Company Note The Retained Earings account balance was $37600 on December 31 of the prior year Complete this questions by entering your answers in the tabs below. Required: Required 2 Dronthaaramberringin antrine for Cirman Auduma thaarunnu har fre anmecam leant Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. View transaction list Journal entry worksheet
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