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please help *Homework Help - Q&A from On x Content X WileyPLUS X + - 0 + -> C A edugen.wileyplus.com/edugen/Iti/main.uni WileyPLUS Kimmel, Accounting, 6e

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*Homework Help - Q&A from On x Content X WileyPLUS X + - 0 + -> C A edugen.wileyplus.com/edugen/Iti/main.uni WileyPLUS Kimmel, Accounting, 6e Help | System Announcements CALCULATOR PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Bb Week 1 Homework Question 4 Question 1 The following items and amounts were taken from Kingbird, Inc.'s 2017 income statement and balance sheet. Question 2 Question 3 Cash $ 86,100 Question 4 Retained earnings 123,000 Question 5 Cost of goods sold 437,400 Salaries and wages expense 114,100 Review Score Review Results by Study Prepaid insurance 8,000 Objective Inventory 64,100 Accounts receivable 87,300 Sales revenue 580,200 Notes payable 6,100 Accounts payable 52,200 Service revenue 4,900 Interest expense 1,890 (a) Your answer is correct. In each case, identify whether the item is an asset, liability, stockholders' equity, revenue, or expense item. V Asset Cash V Stockholders' Equity Retained earnings Expense Cost of goods sold Expense Salaries and wages expense Asset Prepaid insurance Asset Inventory Asset Accounts receivable 10:26 AM 10/28/2019*Homework Help - Q&A from On x Content X WileyPLUS X + - 0 + -> C A edugen.wileyplus.com/edugen/Iti/main.uni WileyPLUS Kimmel, Accounting, 6e Help | System Announcements CALCULATOR PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Bb Week 1 Homework (b) Question 1 Prepare an income statement for Kingbird, Inc. for the year ended December 31, 2017. Question 2 Question 3 Kingbird, Inc. Question 4 Income Statement Question 5 Review Score Review Results by Study Objective SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO: SIMILAR EXERCISE Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER O EEEEEEEE 10:26 AM 10/28/2019

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