Question: 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

 Required information Use the following information for the Quick Studies below.

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 $ 5,900 Accounts Receivable Supplies 1,800 3,600 Equipment 14,800 Accounts Payable 6,400 Common stock 10,900 Retained earnings, December 1 4.400 Dividends 1,800 Services Revenue 16,400 Wages Expense 8,000 Rent Expense 1,900 Utilities Expense 1. 100 QS 1-16 (Algo) Preparing a statement of retained earnings LO P2 Use the above information to prepare a statement of retained earnings for Hawkin for the month ended December 31, Hint Net income is $5,400 HAWKIN Statement of Retained Eamings For Month Ended December 21 Reted earnings December 1 Add: Netcome 0 Les Dividench Retained earnings December 31

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