: This shows what is correc [The following information applies to the questions displayed belo On December 31, Hawkin's records show the following accounts. Cash $ 7,900 Accounts Receivable. 900 Supplies 2,000 Equipment 14,700 Accounts Payable 7,400 Hawkin, Capital, December 1 17,500 Hawkin, Withdrawals 3,800 Services Revenue 17,400 Wages Expense 8,000 45 Rent Expense 2,900 Utilities Expense 2,100 QS 1-15 (Algo) Preparing an income statement LO P2 Use the above information to prepare a December income statement for H Answer is not complete. HAWKIN Income Statement For Month Ended December 31 Revenues Accounts payable * Expenses Cash 7,900x Accounts receivable * 900x Supplies 2,000 Equipment 14,700 Total expenses $ 7,400 25,500 $ (18,100)