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Brief Exercise 3-10 The adjusted trial balance of Kingbird, Inc. at December 31, 2020, includes the following accou Stock $17,900, Dividends $7,600, Service Revenue

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Brief Exercise 3-10 The adjusted trial balance of Kingbird, Inc. at December 31, 2020, includes the following accou Stock $17,900, Dividends $7,600, Service Revenue $38,100, Salaries and Wages Expense $16, Expense $1,900, Rent Expense $3,900, Supplies Expense $1,700, and Depreciation Expense $1 balance in Common Stock is the balance as of January 1. Prepare a retained earnings statement for the year assuming net income is $13,300 for the yea Earnings is $7,200 on January 1. (List items that increase owner's equity first.) Kingbird, Inc. Retained Earnings Statement

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