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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 $ 595 295 895 295 195 195 295 Equipment 3,195 Income Tax Expense 295 Interest Revenue 95 Notes Payable (long-term) 195 Notes Payable (short-term) 495 Prepaid Rent 95 Rent Expense 395 Retained Earnings 1,495 Salaries and Wages Expense 2,195 Service Revenue 6,185 Supplies 495. Supplies Expense 195 Travel Expense 2,595
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