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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
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 30, 2020. Accounts Payable. Accounts Receivable Accrued Liabilities $ 317 223 386 Accumulated Depreciation 332 Cash 339 Contributed Capital 183 Depreciation Expense 372 General and Administrative Expenses 389 Income Tax Expense 334 Interest Revenue 124 Long-Term Debt 228 Other Current Assets 103 Other Long-Lived Assets 557 Other Operating Expenses 229 Prepaid Expenses 126 Property and Equipment 2,238 Retained Earnings 1,541 Selling Expenses 2,701 Service Revenues 6,689 Short-Term Bank Loan. 508 Store Operating Expenses Supplies Deferred Revenue 2,262 642 207 Required: 1-a. Prepare an adjusted trial balance at September 30, 2020. (Enter your answers in thousands.) ELECBOOKS CORPORATION Check my work Part B) Assignment ELECBOOKS CORPORATION Adjusted Trial Balance At September 30, 2020 (in thousands) Saved Account Titles Accounts payable Accounts receivable Accrued liabilities Accumulated depreciation Cash Debit Credit $ 317 223 386 332 339 Contributed capital 183 s Depreciation expense 372 General and administrative expenses 389 Income tax expense 334 interest revenue 124 Long-term Debt 228 Other current assets 103 Other long-lived assets 557 Other operating expenses 229 Prepaid expenses 126 Property and equipment 2,238 Retained earnings 1,541 Selling expenses 2,701 Service revenues 6.689 Short-term bank loan Store operating expenses Supplies Deferred revenue Totals 508 2.262 642 207 S 10.515 $ 10,515 MacBook Pro & 29
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