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On November 1, 2017, Kingbird, Inc. had the following account balances. The company uses the perpetual inventory method. Cash Accounts Receivable Supplies Equipment Debit $6,660

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On November 1, 2017, Kingbird, Inc. had the following account balances. The company uses the perpetual inventory method. Cash Accounts Receivable Supplies Equipment Debit $6,660 1,658 636 18,500 $27,454 Credit $740 2,516 2,960 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings 1,258 14,800 5,180 $27,454 KINGBIRD, INC. Income Statement

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