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2 . Prepare the closing entry required at September 3 0 , 2 0 2 0 . ( Enter your answers in thousands. If no
Prepare the closing entry required at September Enter your answers in thousands. If no entry is required for a transactionevent select No journal entry required" in the first account field. Prepare a postclosing trial balance at September Enter your answers in thousands.Chapter
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PA Preparing a Trial Balance, Closing Journal Entry, and PostClosing Trial Balance LO LO
ElecBooks Corporation provides an online bookstore for electronic books. The following is a simplified list of accounts and amounts reported in its accounting records. The accounts have normal debit or credit balances. Amounts in the list of accounts are rounded to the nearest thousand dollars. Assume the year ended on September
tableAccounts Payable,Accounts Receivable,Accrued Liabilities,Accumulated Depreciation,CashContributed Capital,Depreciation Expense,General and Administrative Expenses,Income Tax Expense,Interest Revenue,LongTerm Debt,Other Current Assets,Other LongLived Assets,Other Operating Expenses,Prepaid Expenses,Property and Equipment,Retained Earnings,Selling Expenses,Service Revenues,ShortTerm Bank Loan,Store Operating Expenses,SuppliesDeferred Revenue,
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