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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 Equipment Income Tax Expense Interest Revenue $ 590 290 890 290 190 190 290 3,190 290 90 190 490 Prepaid Rent 90 Rent Expense 390 Retained Earnings 1,490 Salaries and Wages Expense 2,190 Service Revenue 6,170 Supplies 490 Supplies Expense: 190 Travel Expense 2,590 Notes Payable (long-term) Notes Payable (short-term)
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