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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 simplified

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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 simplified list of accounts and amounts reported in its accounting records. The accounts have normal debitor credit balances. Assume the year ended on September 30, 2021 Accounts Payable 5599 Accounts Receivable 299 Accumulated Depreciation 899 Cash 299 Common Stock Deferred Revenue 199 Depreciation Expense 299 Equipment 1,199 Income Tax Expense 299 Interest Revenue 99 Boten Payable (long-term) 199 Notes Payable (short-term) 499 Prepaid Rent 99 Rent Expense 399 Retained Earnings 1,499 Salaries and Wages Expense 2,199 Service Revenue 5,197 Supplies Supplies Expense 199 Travel Expense 2,599 Required: 1-a. Prepare an adjusted trial balance at September 30, 2021. 1-b. Is the Retained Earnings balance of $1,499 the amount that would be reported on the balance sheet as of September 30, 20212 Required information STARBOOKS CORPORATION Adjusted Trial Balance Debit Credit Account Titles Cash Accounts Receivable Supplies Prepaid Rent Equipment 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 $ 0 S 0 ROO 1A Reg 1B Prey. 1 NS 3 Required information Journal entry worksheet 1 > Record the closing entry required at September 30, 2021. Note: Enter debits before credits. Date September 30, 2021 General Journal Debit Credit Record entry Clear entry View general Journal 3. Prepare a post-closing trial balance at September 30, 2021. STARBOOKS CORPORATION Post-closing Trial Balance Debit Credit 5 Account Titles Cash Accounts Receivable Supplies Prepaid Rent Equipment 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 0 $

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