PA$4-1($Algo$)$ Preparing a Trial Balance, Closing Journal Entry, and Post$-$Closing Trial Balance $[$LO $4-3,$

LO $4-5]$

$[$The following information applies to the questions displayed below.$]$

Starbooks 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. Assume the year

ended on September $30,2021.$

PA$4-1($Algo$)$ Part $1$

Required:

$1-$a$.$ Prepare an adjusted trial balance at September $30,2021.$

$1-$b$.$ Is the Retained Earnings balance of $$1,509$ the amount that would be reported on the balance sheet as of September $30,2021?$

Complete this question by entering your answers in the tabs below.

Req $1A$

Prepare an adjusted trial balance at September $30,2021.$