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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