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Required information PA4-1 (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
Required information PA4-1 (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. Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Deferred Revenue Depreciation Expense $ 594 294 894 294 194 194 294 Equipment 3,194 Income Tax Expense 294 Interest Revenue 94 Notes Payable (long-term) 194 Notes Payable (short-term) 494 Prepaid Rent 94 Rent Expense 394 Retained Earnings 1,494 Salarios and Wagen Expense 2,194 Service Revenue 6,182 Supplies 494 Supplies Expense 194 Travel Expense 2,594 2. Prepare the closing entry required at September 30, 2021. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Date General Journal Debit Credit September 30, 1 Service Revenue 6,182 2021 Interest Revenue 94 . Travel Expense Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Income Tax Expense Retained Earnings 2,594 2,194 394 294 194 294 of 3 STARBOOKS CORPORATION Post-closing Trial Balance At September 30, 2021 Account Titles Debit Credit Cash 294 Accounts Receivable 294 Book Supplies 494 Print Prepaid Rent 94 erences Equipment Accumulated Depreciation Accounts Payable Deferred Revenue Notes Payable (short-term) Notes Payable (long-term) Common Stock Retained Earnings Service Revenue Interest Revenue 3,194 894 594 194 494 194 194 Part 3 of 3 20 20 points eBook Prepaid Kent Equipment Accumulated Depreciation Accounts Payable Deferred Revenue Notes Payable (short-term) Notes Payable (long-term) Common Stock Retained Earnings Print Service Revenue References Interest Revenue Travel Expense Salaries and Wages Expense Rent Expense Depreciation Expense 94 3,194 894 594 194 494 194 194 Supplies Expense Income Tax Expense Totals $ 4,370 $ 2.564
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