Please give a detailed explanation so I fully understand! Thank you! Also in the retained earnings balance of $1501 the amount that would be reported on the balance sheet as of September 30, 2018?

Required information 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, 2018. $ 601 301 901 301 201 201 301 Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Deferred Revenue Depreciation Expense Equipment Income Tax Expense Interest Revenue Notes Payable (long-term) Notes Payable (short- term) Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expenso Service Revenue Supplies Supplies Expense Travel Expense 301 101 201 501 101 401 1,501 2,201 6,203 501 201 2,601 Required: 1-a. Prepare an adjusted trial balance at September 30, 2018. Accounts Receivable Supplies Depreciation Accounts Payable Deferred Revenue Notes Payable (short-term) Notes Payable (long-term Common Stock Retained E Service Revenue Interest Revenue Travel Expense Salaries and Wages Expense Rent Expense Supplies Ex Income Tax