Exercise 4-9 Preparing closing entries and a post-clo The following adjusted trial balance contains the accounts and yea

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Exercise 4 9 Preparing Closing Entries And A Post Clo The Following Adjusted Trial Balance Contains The Accounts And Yea 1 (75.08 KiB) Viewed 9 times

Exercise 4-9 Preparing closing entries and a post-clo The following adjusted trial balance contains the accounts and year- Account Title No 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 648 Rent expense 652 Supplies expense Totals Required 1 Required 2 Debit Credit $18,000 18,500 View transaction sit 2,000 23,000 Journal entry worksheet 6,000 2,000 28,114 1,449 2,312 1139 586,514 1. Prepare the December 31, closing entries for Cruz Company Assume 2. Prepare the December 31, post-closing trial balance for Cruz Compar prior year $6,500 45,514 Complete this questions by entering your answers in the tabs bel 34,50e $85,514 Prepare the December 31, closing entries for Cruz Company. Assume the a