Required information

PA$4-1($Algo$)$ Preparing a Trial Balance, Closing Journal Entry, and Post$-$Closing Trial Balance $[$LO $4-3,$ LO

$4-5]$

$[$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 $30,2021.$

PA$4-1($Algo$)$ Part $2$

Prepare the closing entry required at September $30,2021.($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry

Required" in the first account field.$)$

Journal entry worksheet

Record the closing entry required at September $30,2021.$

Note: Enter debits before credits.