Question: Use the following information for the Quick Studies below. ( Algo ) Skip to question [ The following information applies to the questions displayed below.

Use the following information for the Quick Studies below. (Algo)
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[The following information applies to the questions displayed below.]
On December 31, Hawkin's records show the following accounts.
Cash $ 6,100
Accounts Receivable 1,100
Supplies 4,000
Equipment 15,000
Accounts Payable 6,500
Common stock 11,900
Retained earnings, December 14,500
Dividends 2,000
Services Revenue 16,500
Wages Expense 8,000
Rent Expense 2,000
Utilities Expense 1,200

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