On December 31, Hawkin's records show the following accounts. Cash $ 8,100 Accounts Receivable 1,000 Supplies 2,400 Equipment 14,900 Accounts Payable 7,500 Hawkin, Capital, December 1 16,500 Hawkin, Withdrawals

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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On December 31, Hawkin's records show the following accounts.

Cash $ 8,100
Accounts Receivable 1,000
Supplies 2,400
Equipment 14,900
Accounts Payable 7,500
Hawkin, Capital, December 1 16,500
Hawkin, Withdrawals 1,900
Services Revenue 17,500
Wages Expense 8,000
Rent Expense 3,000
Utilities Expense 2,200

 

Use the above information to prepare a December income statement for Hawkin.

 

 

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