Current Attempt in Progress Selected transactions from the journal of Kingbird, Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug 1 Cash 6,000 6,000 10 1,000 1,000 12 5,600 Common Stock Cash Service Revenue Equipment Cash Notes Payable Accounts Receivable Service Revenue Cash Accounts Receivable 1,600 4,000 25 2,500 2,500 31 400 400 Cash V 1,600 Aug. 1 6,000 Aug. 12 Aug. 10 1,000 Aug. 31 400 Bal. Accounts Receivable Aug. 25 2,500 Bal. Equipment Aug. 12 5,600 Bal. 5,600 Notes Payable Aug. 12 4.000 Bal. 4,000 Common Stock Aug. 1 6,000 Bal. 6,000 Service Revenue Aug. 12 5,600 Bal. 5,600 Notes Payable Aug. 12 4,000 Bal. 4,000 Common Stock Aug. 1 6,000 Bal. V 6,000 Service Revenue Aug. 10 1,000 Aug. 25 2,500 Bal. 4,480