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Help n 1 of 2 ons displayed below.] Lawson Consulting, which began operations on December 1, had the following accounts and amounts on December
Help n 1 of 2 ons displayed below.] Lawson Consulting, which began operations on December 1, had the following accounts and amounts on December 31. The I. Lawson, Capital account balance at December 1 was $0 and the owner invested $20,150 cash in the company on December 2. On December 31, the company's accounts and amounts for the month of December are shown in the table below: Cash Accounts receivable Equipment Accounts payable I. Lawson, Capital $ 12,500 I. Lawson, Withdrawals 6,000 Services revenue 8,000 Rent expense 4,350 Wages expense 20,150 $ 3,000 16,500 3,500 8,000 nts 02:19:00 Use the above information to prepare a December income statement for the business. LAWSON CONSULTING Income Statement
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