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 debitor credit balances. Assume the year ended on September 30, 2021. 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 Expense Service Revenue Supplies Supplies Expense Travel expenne $ 602 302 902 302 202 202 302 3,202 302 102 202 502 102 402 1,502 2,202 6,206 502 202 2,602 Required information Adjusted Trial Balance Account Titles Credit $ Debit 302 302 502 1021 3,202 902 5 Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Deferred Revenue Notes Payable (short-term) Notes Payable (long-term) Common Stock Retained Earnings Service Revenue Interest Revenue Travel Expense Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Income Tay Fynenca 602 202 502 202 202 1,502 6,206 102 2,602 2,202 402 302 202 209 1-a. Prepare an adjusted trial balance at September 30, 2021 1-b. Is the Retained Earnings balance of $1,502 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. Reg 1A Reg 1B Is the Retained Earnings balance of $1,502 the amount that would be reported on the balance sheet as of September 30, 2021? Yes No