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es Use the following information for the Quick Studies below. (Static) [The following information applies to the questions displayed below.] On December 31, Hawkin's
es Use the following information for the Quick Studies below. (Static) [The following information applies to the questions displayed below.] On December 31, Hawkin's records show the following accounts. Cash $ 5,100 Accounts Receivable Supplies $600 2,000 Equipment 14,000 Accounts Payable 6,000 Common stock 6,900 Retained earnings, December 1 4,000 Dividends 1,000 Services Revenue 16,000 Wages Expense 8,000 Rent Expense 1,500 Utilities Expense 700 QS 1-15 (Static) Preparing an income statement LO P2 Use the above information to prepare a December income statement for Hawkin. Revenues HAWKIN Income Statement For Month Ended December 31 Services revenue Expenses Wages expense Rent expense Utilities expense 69 8,000 1,500 700 $ 16,000
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