On December 31, Hawkin's records show the following accounts. Cash Accounts Receivable $ 6,100 1,100 Supplies...

 

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On December 31, Hawkin's records show the following accounts. Cash Accounts Receivable $ 6,100 1,100 Supplies 4,000 Equipment 15,000 Accounts Payable 6,500 Common stock 11,900 Retained earnings, December 1 4,500 Dividends 2,000 Services Revenue 16,500 Wages Expense 8,000 Rent Expense 2,000 Utilities Expense 1,200 QS 1-15 (Algo) Preparing an income statement LO P2 Use the above information to prepare a December income statement for Hawkin. Revenues HAWKIN Income Statement For Month Ended December 31 Expenses Total expenses On December 31, Hawkin's records show the following accounts. Cash Accounts Receivable $ 6,100 1,100 Supplies 4,000 Equipment 15,000 Accounts Payable 6,500 Common stock 11,900 Retained earnings, December 1 4,500 Dividends 2,000 Services Revenue 16,500 Wages Expense 8,000 Rent Expense 2,000 Utilities Expense 1,200 QS 1-15 (Algo) Preparing an income statement LO P2 Use the above information to prepare a December income statement for Hawkin. Revenues HAWKIN Income Statement For Month Ended December 31 Expenses Total expenses

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The Income statement for Hawkin is given below Income s... View the full answer