On December 31, Hawkin's records show the following accounts. Cash Accounts Receivable Supplies Equipment Accounts Payable Common stock Retained earnings, December 1 Dividends Services Revenue Wages Expense Rent Expense Utilities Expense HAWKIN Statement of Retained Earnings For Month Ended December 31 Retained earnings, December 1 Add: Net income QS 1-16 (Algo) Preparing a statement of retained earnings LO P2 Use the above information to prepare a statement of retained earnings for Hawkin for the month ended December 31. Hint. Net income is $4,200. Less: Dividends Retained earnings, December 31 $ 0 $ 8,300 1,100 2,800 15,100 7,600 12,000 0 5,600 2,100 17,600 8,000 3,100 2,300

On December 31. Hawkin's records show the following accounts. QS 1-16 (Algo) Preparing a statement of retained earnings LO P2 Use the above information to prepare a statement of retained earnings for Hawkin for the month ended December 3 . Hint. Net incorne is $4,200