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Kingbird Inc. has recorded all necessary adjusting entries, except for income tax expense, at its fiscal year end, July 3 1 , 2 0 2
Kingbird Inc. has recorded all necessary adjusting entries, except for income tax expense, at its fiscal year end, July The following information has been taken from the adjusted trial balance:Accounts payable$Interest expense$Cash dividendscommonCommon sharesNotes payableRetained earnings AugCost of goods soldSalaries expenseDividends payableSalesIncome tax expenseSupples expenseIncome tax payableUnearned revenueAll accounts have normal balances and total assets equal $ Kingbird has a income tax rate.
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