Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] On December 31, Hawkin's records show the following accounts. Cash $ 6,300 Accounts Receivable 1,200 Supplies 2,100 Equipment 15,200 Accounts Payable 6,600 Common stock 10,600 Retained earnings, December 1 4,600 Dividends 2,200 Services Revenue 16,600 Wages Expense 8,000) Rent Expense 2,100 Utilities Expense 1,300 QS 1-17 (Algo) Preparing a balance sheet LO P2 Use the above information to prepare a December balance sheet for Hawkin. Hint. Retained Earnings on December 31 equals $7,600. Assets HAWKIN Balance Sheet December 31 Liabilities Total Liabilities Equity 0 Total Equity $ 0 Total Assets $ 0 Total Liabilities and Equity $ 0