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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 Connon Stock Deferred Revenue Depreciation Expense Equipment $ 600 300 900 300 200 200 300 3,200 Income Tax Expense 300 Interest Revenue 100 Notes Payable (long-term) 200 Notes Payable (short-term) 500 Prepaid Rent 100 Rent Expense 400 Retained Earnings 1,500 Salaries and Wages Expense 2,200 Service Revenue 6,200 Supplies 500 Supplies Expense 200 Travel Expense 2,600
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