QS1-17

QS 1-17 (Algo) Preparing a balance sheet LO P2 Use the above information to prepare a December balance sheet for Hawkin. HAWKIN Balance Sheet December 31 Assets Liabilities Equity $ $ Total Assets 0 Total Liabilities and Equity 0 Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] On December 31, Hawkin's records show the following accounts. Cash Accounts Receivable Supplies Equipment Accounts Payable Hawkin, Capital, December 1 Hawkin, Withdrawals Services Revenue Wages Expense Rent Expense Utilities Expense $ 7,100 500 3,700 16,000 7,000 16,800 1,300 17,000 8,000 2,500 1,700