Question
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
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, 2018.
Accounts Payable $ 602
Accounts Receivable 302
Accumulated Depreciation 902
Cash 302
Common Stock 202
Deferred Revenue 202
Depreciation Expense 302
Equipment 3,202
Income Tax Expense 302
Interest Revenue 102
Notes Payable (long-term) 202
Notes Payable (short-term) 502
Prepaid Rent 102
Rent Expense 402
Retained Earnings 1,502
Salaries and Wages Expense 2,202
Service Revenue 6,206
Supplies 502
Supplies Expense 202
Travel Expense 2,602
How do you prepare a post-closing trial balance at September 30, 2018?
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