9 The company collected $500 cash as partial payment of the May 1 consulting revenue. 20 The company paid $300 cash toward the payable for energy-efficient supplies. 31 The company paid $100 cash for May's renewable energy utilities. Liu Zhang operates Lawson Consulting, which began operations on June 1. On June 30, the company's QS records show the following selected accounts and amounts for the month of June. Prepare a June income Prep statement for the business. state P3 Cash. $5,000 L. Zhang, Withdrawals ...... $ 1,500 Rent expense $2,000 Accounts receivable 4,500 Service revenue 12,000 Wages expense 6,000 Accounts payable ......... 3,500 Equipment. 6,500 Use the information in QS 2-12 to prepare a June statement of owner's equity for Lawson Consulting. The owner's capital account balance at June 1 was $0, and the owner invested $10,000 cash in the company on June 2 QS 2- Prepari owner's a search SO3 PM 6/12/202 E