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Presented below is selected information related to HP Company at December 31, 2018. HP reports financial information monthly. Equipment 10,000; Utilities Expense 4,000; Cash 8,000;

Presented below is selected information related to HP Company at December 31, 2018. HP reports financial information monthly. Equipment 10,000; Utilities Expense 4,000; Cash 8,000; Accounts Receivable 9,000; Service Revenue 36,000; Salaries and Wages Expense 7,000; Rent Expense 11,000; Notes Payable 16,500; Accounts Payable 2,000; Owners Drawings 5,000

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