On December 31, Hawkin’s records show the following accounts. Use this information to prepare a December income statement for Hawkin. Equipment . $3,000 Accounts receivable $ 600 Wages expense $8,000 Cash 2,400 Services revenue . 16,000 Utilities expense . 700 Rent expense 1,500 Accounts payable 6,000

On December 31, Hawkin’s records show the following accounts. Use this information to prepare a December income statement for Hawkin. Equipment . $3,000 Accounts receivable $ 600 Wages expense $8,000 Cash 2,400 Services revenue . 16,000 Utilities expense . 700 Rent expense 1,500 Accounts payable 6,000

Name: On December 31, Hawkin’s records show the following accounts. Use this
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Description: On December 31, Hawkin’s records show the following accounts. Use this information to prepare a December income statement for Hawkin. Equipment . $3,000 Accounts receivable $ 600 Wages expense $8,000 Cash 2,400 Services revenue . 16,000 Utilities exp

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 5EB: Catherines Cookies has a beginning balance in the Accounts Receivable control total account of...

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Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200. In the cash disbursements journal, the Accounts Payable column has total debits of $6,800 for November. The Accounts Payable credit column in the purchases journal reveals a total of $10,500 for the current month. Based on this information, what is the ending balance in the Accounts Payable account in the general ledger?
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