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The adjusted trial balance for Kingbird, Inc. is given below. Kingbird, Inc. Trial Balance August 31, 2020 Before Adjustment After Adjustment Cr. Dr. Cr. Cash
The adjusted trial balance for Kingbird, Inc. is given below. Kingbird, Inc. Trial Balance August 31, 2020 Before Adjustment After Adjustment Cr. Dr. Cr. Cash $10,400 $10,400 Accounts Receivable 8,500 9,700 Supplies 2.300 600 Prepaid Insurance 4.000 2,500 Equipment 14,300 14,300 Accumulated Depreciation-Equipment $3,500 $4,500 Accounts Payable 5,800 5,800 Salaries and Wages Payable 1,400 Unearned Rent Revenue 1.600 700 008 Common Stock 11.700 11,700 Retained Earnings 3,600 3.600 Service Revenue 34,200 35,400 Rent Revenue 10,900 11,800 Salaries and Wages Expense 800 18,200 Supplies Expense 1.700 Rent Expense 15,000 15,000 Insurance Expense 1,500 Depreciation Expense 1,000 $71,300 $71,300 $74,900 $74,900 Income Statement Activate W Prepare the retained earnings statement for the year. Kingbird, Inc. Retained Earnings Statement e Textbook and Media Prepare the balance sheet at August 31. (List Assets in order of liquidity) Kingbird, Inc. Balance Sheet Assets Liabilities and Stockholders' Equity
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