Answer Happy

ed ces Exercise 4-9 Preparing closing entries and a post-closing trial balance LO P2, P3 The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December- Account Title Credit No. 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 381 A. Cruz, Capital 382 A. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals View transaction list 1. Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 902 2. Prepare the December 31, post-closing trial balance for Cruz Company Note A. Cruz, Capital was $45,514 on Decem prior year. Journal entry worksheet 2 3 4 Complete this questions by entering your answers in the tabs below. < Required 1 Required 2 Prepare the December 31, dosing entries for Cruz Company. Assume the account number for Income Summary is 901. 1 Record the entry to dose revenue accounts. Dec 31 Debit $15,000 10,500 Record entry 2,000 23,000 General Journal $ 6,500 45,514 34,500 Clear entry 6,000 2,000 20,114 1,449 2,312 1,139 $86,514 $86,514 Debit Credit View general journal Required 2 >