In: Accounting
PA4-1 Preparing a Trial Balance, Closing Journal Entry, and Post-Closing Trial Balance [LO 4-3, LO 4-5]
Required:
1-a. | Prepare an adjusted trial balance at September 30, 2015. |
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, 2015. PA4-1 Part 2
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Accounts Payable | $ | 600 |
Accounts Receivable | 300 | |
Accumulated Depreciation—Equipment | 900 | |
Cash | 300 | |
Common Stock | 200 | |
Depreciation Expense | 300 | |
Equipment | 3,200 | |
Income Tax Expense | 300 | |
Interest Revenue | 100 | |
Notes Payable (long-term) | 200 | |
Notes Payable (short-term) | 500 | |
Prepaid Rent | 100 | |
Rent Expense | 400 | |
Retained Earnings | 1,500 | |
Salaries and Wages Expense | 2,200 | |
Service Revenue | 6,200 | |
Supplies | 500 | |
Supplies Expense | 200 | |
Travel Expense | 2,600 | |
Unearned Revenue | 200 |