Question

Starbucks Corporation purchases and roasts high- quality, whole- bean coffees and sells them along with fresh- brewed coffees, Italian- style espresso beverages, a variety of pastries and confections, coffee- related accessories and equipment, and a line of premium teas. In addition to sales through its company- operated retail stores, Starbucks also sells coffee and tea products through other distribution channels. The following is a simplified list of accounts and amounts reported in financial statements. The accounts have normal debit or credit balances and the dollars are rounded to the nearest million. Assume the year ended on September 30, 2012.
Required:
Prepare an adjusted trial balance at September 30, 2012. How did you determine the amount for retained earnings?


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  • CreatedAugust 04, 2015
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