Journal entry worksheet 1 2 3 4 > Record the entry to close revenue accounts. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Credit Debit $18,000 14,900 2,000 23,000 $ 6,500 50,132 No. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 A. Cruz, Capital 302 A. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals 6,000 33,700 2,000 19,647 1,415 2,258 1,112 $90,332 $90,332 1. Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. 2. Prepare the December 31, post-closing trial balance for Cruz Company. Note: A. Cruz, Capital was $50,132 on December 31 of the prior year. Journal entry worksheet Record the entry to close expense accounts. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Journal entry worksheet 1 2 2 3 4 > Record the entry to close income summary account. Note: Enter debits before credits. Date Gend urn Debit Credit Dec 31 Record entry Clear entry View general journal Journal entry worksheet Record the entry to close the withdrawals account. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal CRUZ COMPANY Post-Closing Trial Balance December 31 Debit Credit Totals $ 0 $ 0