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. Assets Cash Accounts Receivable Supplies. Equipment Accounts Payable Common stock Retained earnings, December 1 Dividends Services Revenue Wages Expense Rent Expense Utilities Expense Total Assets QS 1-17 (Algo) 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 $6,600. 5 HAWKIN Balance Sheet December 31 Liabilities $ 7,300 600 4,100 14, 100 7,100 12,400 Total Liablities Equity 5,100 3,200 17,100 1,000 2,600 1,800 Total Equity 0 Total Liablities and Equity S S S 0 0 0 B