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Check my work mode: This shows what is c Required mormation Use the following information for the Quick Studies H [The following information applies
Check my work mode: This shows what is c Required mormation Use the following information for the Quick Studies H [The following information applies to the questions displayed On December 31, Hawkin's records show the following accoun Cash. Accounts Receivable Supplies $ 7,900 900 2,000 Equipment 14,700 Accounts Payable 7,400 Hawkin, Capital, December 1 17,500 Hawkin, Withdrawals 3,800 Services Revenue 17,400 Wages Expense Rent Expense Utilities Expense 8,000 2,900 2,100 QS 1-16 (Algo) Preparing a statement of owner's equity Use the above information to prepare a statement of owner's equity fe investments are $0 for the period. Answer is complete but not entirely correct. HAWKIN Statement of Owner's Equity For Month Ended December 31 Hawkin, Capital, December 1 S 17,500 Add: Investments by owner 0 Add: Net income 17,400 34,900 Less: Withdrawals by owner 0 3,800 Hawkin, Capital, December 31 $ 31,100
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