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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
! 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 $ 595 295 895 295 195 195 295 3,195 295 95 195 495 95 395 1,495 2,195 6,185 495 195 2,595 3. Prepare a post-closing trial balance at September 30, 2018. Credit 895 595 195 STARBOOKS CORPORATION Post-closing Trial Balance At September 30, 2018 Account Titles Debit Cash S 295 Accounts Receivable 295 Supplies 495 Prepaid Rent 95 Equipment 3,195 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 Tax Expense Totals S 4,375 495 1951 195 09 2,570
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