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LOG Introduction... laroche libra... ter 2- Homework i Saved Publication... Question 7-... tian My... Help Save & Exit Submit Check my work 3 of
LOG Introduction... laroche libra... ter 2- Homework i Saved Publication... Question 7-... tian My... Help Save & Exit Submit Check my work 3 of 4 Book int Required information [The following information applies to the questions displayed below.] Lawson Consulting, which began operations on December 1, had the following accounts and amounts on December 31. The 1. Lawson, Capital account balance at December 1 was $0 and the owner invested $22,700 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 $ 15,000 I. Lawson, Withdrawals 6,500 Services revenue 8,500 Rent expense 4,800 Wages expense 22,700 int rences Use the above information to prepare a December statement of owner's equity for Lawson Consulting. Hint. Net income for December is $6,000. LAWSON CONSULTING Statement of Owner's Equity $
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