ssets ash ccounts receivable upplies quipment Consulting fees earned otal Assets X $ $ Balance Sheet December 31 6,300 1,200 2,100 15,200 HAWKIN 24,800 Liabilities Accounts payable Miscellaneous expenses Equity Cash Hawkin, Capital Total Liabilities and Equity X X $ $ 6,600 2,200 x 2,200 x 2,200 x 13,200
ssets ash ccounts receivable upplies quipment Consulting fees earned otal Assets X $ $ Balance Sheet December 31 6,300 1,200 2,100 15,200 HAWKIN 24,800 Liabilities Accounts payable Miscellaneous expenses Equity Cash Hawkin, Capital Total Liabilities and Equity X X $ $ 6,600 2,200 x 2,200 x 2,200 x 13,200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:the above information to prepare a December balance sheet for Hawkin.
ssets
ash
ccounts receivable
upplies
quipment
Consulting fees earned
otal Assets
X
X Answer is complete but not entirely correct.
$
$
Balance Sheet
December 31
6,300
1,200
2,100
15,200
HAWKIN
24,800
Liabilities
Accounts payable
Miscellaneous expenses
Equity
Cash
Hawkin, Capital
Total Liabilities and Equity
$
$
6,600
2,200
2,200 X
2,200 x
13,200
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