Prepare an adjusted trial balance at November $30.$

Accounts ReceivableYour answer is correct.

Prepare a retained earnings statement for November.

KINGBIRD

Retained Earnings Statement

For the Month Ended November $30,2025$ KINGBIRD

Assets

unts Receivable

$1,768$

$6,038$

itory

$2,720$

lies

$2,720$

Current Assets

$

rty$,$ Plant, and Equipment

Accumulated Depreciation$-$Equipment

Property, Plant, and Equipment

Liabilities and Stockholders' Equity

nt Liabilities

unts Payable

$

Irned Service Revenue

ies and Wages Payable

Current Liabilities

$$olders$\text{'}$ Equity

mon Stock

ined Earnings

$

Stockholders' Equity

Liabilities and Stockholders' EquityJournalize the closing entries. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If

no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

Nov. $30$

$($To close revenue accounts$)$

Nov. $30$

$($To close expense accounts$)$

Nov. $30$

$($To close income summary$)$

Inventory

Supplies

Equipment

Accumulated Depreciation$-$Equipment

Accounts Payable

Unearned Service Revenue

Salaries and Wages Payable

Common Stock

Retained Earnings

Service Revenue

Depreciation Expense

Supplies Expense

Salaries and Wages Expense

Rent Expense

Sales Revenue

Cost of Goods Sold

Totals

$425$

$1632$

$637$

$9350$

$

$12070$

$1105$

$850$

$34000$

$11900$

$11943$

$9350$

$6800$ Your answer is correct.

Prepare a multiple$-$step income statement for November.

KINGBIRD

Income Statement

For the Month Ended November $30,2025$

; Revenue

$

Sales Discounts

$187$

jales

$

$6800$

ies and Wages Expense

Operating Expenses

come $/($Loss$)$

$q$