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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, 2021. Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Deferred Revenue Depreciation Expense $ 598 298 898 298 198 198 298 Equipment 3,198 Income Tax Expense 298 Interest Revenue 98 Notes Payable (long-term) 198 Notes Payable (short-term) 498 Prepaid Rent 98 Rent Expense 398 Retained Earnings 1,498 Salaries and Wages Expense 2,198 Service Revenue 6,194 Supplies 498. Supplies Expense 198 Travel Expense 2,598 3. Prepare a post-closing trial balance at September 30, 2021. Required information Cash Accounts Receivable 298 298 Supplies Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Deferred Revenue Notes Payable (short-term) Notes Payable (long-term) Common Stock Retained Earnings Service Revenue 498 98 3,198 898 598 198 498 198 198 1,498 x 6,194 X Interest Revenue 98 X Travel Expense 2,598 X Salaries and Wages Expense 2,198 X Rent Expense 398 X Depreciation Expense 298 X Supplies Expense Income Tax Expense 198 X 298 X Totals $ 69 10,378 $ 10,378
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