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Please assit [The following information applies to the questions displayed below.] On December 31, Hawkin's records show the following accounts. Cash Accounts Receivable $ 5,100
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[The following information applies to the questions displayed below.] On December 31, Hawkin's records show the following accounts. Cash Accounts Receivable $ 5,100 600 2,000 Supplies Equipment 14,000 Accounts Payable 6,000 Common stock 6,900 4,000 Retained earnings, December 1 Dia Dividends 1,000 Services Revenue 16,000 Wages Expense 8,000 Rent Expense 1,500 Utilities Expense 700 QS 1-17 (Static) Preparing a balance sheet LO P2 Use the above information to prepare a December balance sheet for Hawkin. Hint: Retained Earnings on December 31 equals $8,800. HAWKIN Balance Sheet December 31 Assets Liabilities Total Liabilities $ 0 Equity Total Equity $ 0 Total Assets 0 Total Liabilities and Equity $ $ 0Step by Step Solution
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