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I need a detailed answer plz Require [The following information applies to the questions displayed below.) Liu Zhang operates Lawson Consulting, which began operations on

I need a detailed answer plz image text in transcribed
Require [The following information applies to the questions displayed below.) Liu Zhang operates Lawson Consulting, which began operations on June 1. The Retained Earnings account balance at June 1 was $0 and the owner invested $17,600 cash in the company on June 1 On June 30, the company's records show the following accounts and amounts for the month of June. Cash Accounts receivable Equipment Accounts payable Common stock $10,000 5,500 7,500 3,900 17,600 Dividends Service revenue Rent expense Wages expense $ 2,500 15,000 3,000 8,000 Use the above information to prepare a June statement of retained earnings for Lawson Consulting. LAWSON CONSULTING Statement of Retained Earnings Movt

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