Current Attempt in Progress Kingbird, Inc.'s trial balance at the end of its first month of operations reported the following accounts and amounts with normal balances: Cash Prepaid insurance Accounts receivable Accounts payable Notes payable Common stock Dividends Revenues Expenses O $35910 $18240 O $37050 O $36480 O $37620 570 2850 2280 3420 5700 570 25080 Total credits on Kingbird, Inc.'s trial balance are 14250

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Current Attempt in Progress
Kingbird, Inc's trial balance at the end of its first month of operations reported the following accounts and amounts with normal
balances:
Cash
Prepaid insurance
Accounts receivable
Accounts payable
Notes payable
Common stock
Dividends
Revenues
Expenses
$18240
O $35910
O $37050
O $36480
O $37620
570
2850
2280
3420
5700
570
25080
14250
Total credits on Kingbird, Inc's trial balance are
Transcribed Image Text:Current Attempt in Progress Kingbird, Inc's trial balance at the end of its first month of operations reported the following accounts and amounts with normal balances: Cash Prepaid insurance Accounts receivable Accounts payable Notes payable Common stock Dividends Revenues Expenses $18240 O $35910 O $37050 O $36480 O $37620 570 2850 2280 3420 5700 570 25080 14250 Total credits on Kingbird, Inc's trial balance are
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