Horseman Inn is a small inn that sells a selection of local crafts in its front lobby. The following is the inn$$s adjusted trial balance in account order for the year ended October $31,2021.$

Horseman Inn

Adjusted Trial Balance

October $31,2021$

Account Titles DR CR

Cash $$3,340$

Accounts Receivable $$2,420$

Prepaid Insurance $$19,340$

Prepaid Maintenance $$8,280$

Equipment $$43,410$

Accumulated Depreciation $$590$

Accounts Payable $$2,130$

Unearned Revenue $$1,920$

Wages Payable $$2,830$

Macklemoor, Capital $$28,350$

Sales Revenue $$79,990$

Sales Discounts $$160$

Sales Returns and Allowances $$60$

Cost of Sales $$3,910$

Depreciation Expense $$1,180$

Maintenance Expense $$9,310$

Salaries & Wages Expense $$15,790$

Utilities Expense $$8,610$

Total $$115,810$ $$115,810$

Do not enter dollar signs or commas in the input boxes.

When closing accounts, use the income summary method.

To close the expense accounts, enter them in the order presented on the trial balance.

Prepare the journal entries to close the appropriate accounts.