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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
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, 2018 Accounts Payable $ 604 Accounts Receivable 304 Accumulated Depreciation 904 Cash 304 Common Stock 204 Deferred Revenue 204 Depreciation Expense 304 Equipment 3,284 Income Tax Expense 304 Interest Revenue 104 Notes Payable (long-term) 204 Notes Payable (short- term) 504 Prepaid Rent 104 Rent Expense 404 Retained Earnings 1,504 Salaries and Wages Expense 2,204 Service Revenue 6,212 Supplies 504 Supplies Expense 2e4 Travel Expense 2,604 2 Prepare the closing entry required at September 30, 2018. (if no entry is required for a transactionlevent, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 1 Record the closing entry required at September 30, 2018. Note: Enter debits before credits. Date General Journal Sep 30, 2018 Debit Credit Record entry View general journal Clear entry
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