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] Required information [The following information applies to the questions displayed below.] Starbooks Corporation provides an online bookstore for electronic books. The following is a
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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. 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 Expense $ 610 310 910 310 210 210 310 3,210 310 110 210 510 110 410 1,510 2,210 6,230 510 210 2,610 Supplies Supplies Expense Travel Expense DIE 210 2,61% 3. Prepare a post-closing trial balance at September 30, 2018 Answer is complete but not entirely correct. Credit STARBOOKS CORPORATION Post-closing Trial Balance For the Year Ended September 30, 2018 Account Titles Debit Cash 310 Accounts Receivable 310 Supplies 510 Prepaid Rent 110 Equipment 3,210 Accumulated Depreciation Accounts Payable Deferred Revenue Notes Payable (short term) Notes Payable (long-term) Common Stock Retained Earnings Service Revenue Interest Revenue Travel Expense 2,610 X Salaries and Wages Expense 2,210X Rent Expense 410 X Depreciation Expense 310X Supplies Expense 210 Income Tax Expense Totals 10,510 910 610 210 510 210 210 1,510 X 6,230 110 310 X $ 10,510Step by Step Solution
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