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Lawson Consulting had the following accounts and amounts on December 31. $ 11,500 Dividends Cash Accounts receivable Equipment Accounts payable Common stock 5,800 Services

  

Lawson Consulting had the following accounts and amounts on December 31. $ 11,500 Dividends Cash Accounts receivable Equipment Accounts payable Common stock 5,800 Services revenue 7,800 Rent expense 4,170 Wages expense 19,130 $ 2,800 15,900 3,300 8,000 Use the above information to prepare a December statement of retained earnings for Lawson Consulting. The Retained Earnings account balance at December 1 was $0. Hint. Net income for December is $4,600. LAWSON CONSULTING Statement of Retained Earnings For Month Ended December 31 $ 0 0 W

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