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Starbooks corporation provides an online bookstore

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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

 

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

Reference no: EM131760776

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