Requirement #8: Prepare the closing entries at October 31 in the General Journal below. Hint:Use the balances for each account which appear on the Adjusted Trial Balance for your closing entries. Account	Balance
Title	Debit	Credit
Cash	10,718
Common Stock		12,000
Insurance	100
Store Rent	1,040
Equipment	4,400
Notes Payable		3,600
Repair Supplies	194
Accounts Payable		390
Utility Expense	154
Bicycle Repair Revenue		2,712
Dividen	800
Accumulated Depreciation		70
Depreciation Expense	70
Supplies Expense	196
Prepaid Insurance	1,100
Tax Expense	40
Tax Payable		40