Question

Prepare a post-closing trial balance at September 30, 2018.

Required information [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 Accounts Receivable Accumulated Depreciation Cash Common Stock Deferred Revenue Depreciation Expense Equipment Income Tax Expense Interest Revenue Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expense Service Revenue Supplies Supplies Expense Travel Expense 610 310 910 310 210 210 310 3,210 310 110 210 510 110 410 1,510 2,210 6,230 510 210 2,610

Answer 1

STARBOOKS CORPORATION
Post - Closing Trial Balance
September 30, 2018
Account Tittles	Debit	Credit
Cash	310.00
Account Receivables	310.00
Supplies	510.00
Prepaid Rent	110.00
Equipment	3,210.00
Accumulated Depreciation		910.00
Accounts Payable		610.00
Deferred Revenue		210.00
Notes Payable (short term)		510.00
Notes Payable (long term)		210.00
Common stock		210.00
Retained earnings		1,510.00
Service revenue		6,230.00
Interest revenue		110.00
Travel expense	2,610.00
Salaries and wages expense	2,210.00
Rent Expense	410.00
Depreciation expense	310.00
Supplies expense	210.00
Income tax expense	310.00
Totals	10,510.00	10,510.00