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On December 31, Hawkin's records show the following accounts. Cash $ 6,500 Accounts Receivable 1,300 Supplies 2,500 Equipment 15,400 Accounts Payable 6,700 Common stock 11,600

On December 31, Hawkin's records show the following accounts.

Cash$ 6,500
Accounts Receivable1,300
Supplies2,500
Equipment15,400
Accounts Payable6,700
Common stock11,600
Retained earnings, December 14,700
Dividends2,400
Services Revenue16,700
Wages Expense8,000
Rent Expense2,200
Utilities Expense1,400

Use the above information to prepare a December balance sheet for Hawkin. Hint: Retained Earnings on December 31 equals $7,400.

HAWKIN
Balance Sheet
December 31
AssetsLiabilities
Total Liabilities$0
Equity
Total Equity$0
Total Assets$0Total Liabilities and Equity$0

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