Use the information in QS 1-15 to prepare a December 31 balance sheet for Hawkin. Hawkin, Capital,

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Use the information in QS 1-15 to prepare a December 31 balance sheet for Hawkin. Hawkin, Capital, December 31, equals $15,700

Data From Quicky Study 1-15

On December 31, Hawkin’s records show the following accounts. Use this information to prepare a December income statement for Hawkin.

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Fundamental Accounting Principles

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Use the information in QS 1-15 to prepare a December 31 balance sheet for Hawkin. Hawkin, Capital,

Question:

Cash .. $ 5,100 Accounts payable.... $ 6,000 Wages expense $8,000 .... .. .... ......... Accounts receivable.... 600 Hawkin, Capital, December 1 10,900 Rent expense.. 1,500 .... Supplies .. 2,000 Hawkin, Withdrawals. 1,000 Utilities expense 700 Equipment.. 14,000 Services revenue 16,000

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Solution Hawkins Income statement For the year ended 31Dec Rev...View the full answer

Fundamental Accounting Principles

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