FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Cash $ 5,100
Accounts Receivable 600
Supplies 2,000
Equipment 14,000
Accounts Payable 6,000
Common stock 6,900
Retained earnings, December 1 4,000
Dividends 1,000
Services Revenue 16,000
Wages Expense 8,000
Rent Expense 1,500
Utilities Expense 700
 
 
HAWKIN
Income Statement
For Month Ended December 31
Revenues    
Services revenue   $16,000
Expenses    
Utilities expense $700  
Wages expense 8,000  
Rent expense 1,500  
Dividends 1,000  
Total expenses   11,200
Net loss   $
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