In: Accounting
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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 | $ | 608 |
Accounts Receivable | 308 | |
Accumulated Depreciation | 908 | |
Cash | 308 | |
Common Stock | 208 | |
Deferred Revenue | 208 | |
Depreciation Expense | 308 | |
Equipment | 3,208 | |
Income Tax Expense | 308 | |
Interest Revenue | 108 | |
Notes Payable (long-term) | 208 | |
Notes Payable (short-term) | 508 | |
Prepaid Rent | 108 | |
Rent Expense | 408 | |
Retained Earnings | 1,508 | |
Salaries and Wages Expense | 2,208 | |
Service Revenue | 6,224 | |
Supplies | 508 | |
Supplies Expense | 208 | |
Travel Expense | 2,608 | |
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