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Business, 09.02.2021 01:00 Bleejones00

Required information PA4-1 Preparing a Trial Balance, Closing Journal Entry, and Post-Closing Trial Balance [LO 4-3, LO 4-5] Skip to question [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, 2018. Accounts Payable $ 595 Accounts Receivable 295 Accumulated Depreciation 895 Cash 295 Common Stock 195 Deferred Revenue 195 Depreciation Expense 295 Equipment 3,195 Income Tax Expense 295 Interest Revenue 95 Notes Payable (long-term) 195 Notes Payable (short-term) 495 Prepaid Rent 95 Rent Expense 395 Retained Earnings 1,495 Salaries and Wages Expense 2,195 Service Revenue 6,185 Supplies 495 Supplies Expense 195 Travel Expense 2,595 PA4-1 Part 3 Prepare a post-closing trial balance at September 30, 2018.

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