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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, 2015.
Accounts Payable
$
600
Accounts Receivable
300
Accumulated Depreciation-Equipment
900
Cash
Common Stock
200
Depreciation Expense
Equipment
3,200
Income Tax Expense
Interest Revenue
100
Notes Payable (long-term)
Notes Payable (short-term)
500
Prepaid Rent
Rent Expense
400
Retained Earnings
1,500
Salaries and Wages Expense
2,200
Service Revenue
6,200
Supplies
Supplies Expense
Travel Expense
2,600
Unearned Revenue
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