Question: Question 1 Use the above information to prepare a statement of retained earnings for Hawkin for the month ended December 31. Cash$5,100Accounts Receivable600Supplies2,000Equipment14,000Accounts Payable6,000Common stock6,900Retained

Question 1

Use the above information to prepare a statement of retained earnings for Hawkin for the month ended December 31.

Cash$5,100Accounts Receivable600Supplies2,000Equipment14,000Accounts Payable6,000Common stock6,900Retained Earnings, December 14,000Dividends1,000Services Revenue16,000Wages Expense8,000Rent Expense1,500Utilities Expense700

Add a net income
Less dividends

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