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[The following information applies to the questions displayed below.) Starbooks Corporation provides an online bookstore for electronic books. The following is a simplified list
[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 $ 592 292 892 292 192 192 292 3,192 Income Tax Expense Interest Revenue 292 92 Notes Payable (long-term) 192 Notes Payable (short-term) 492 Prepaid Rent 92 Rent Expense 392 Retained Earnings 1,492 Salaries and Wages Expense 2,192 Service Revenue 6,176 Supplies 492 Supplies Expense 192 Travel Expense 2,592
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