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Required information [The following information applies to the questions displayed below) Lawson Consulting had the following accounts and amounts on December 31, Cash Accounts receivable Equipment Accounts payable Common stock $ 7,588 Dividends 5,000 Services revenue 7,000 Rent expense 3,450 Wages expense 15,050 $ 2,000 13,500 2,500 8,eee Use the above information to prepare a December 31 trial balance LAWSON CONSULTING Trial Balance December 31 Debit Credit Totals $ 0 0 $ ! Required information [The following information applies to the questions displayed below.] Lawson Consulting had the following accounts and amounts on December 31. Cash Accounts receivable Equipment Accounts payable Common stock $ 7,500 Dividends 5,000 Services revenue 7,000 Rent expense 3,450 Wages expense 15,050 $ 2,000 13,500 2,500 8,000 Use the above information to prepare a December income statement for the business. LAWSON CONSULTING Income Statement $ 0 0 Required information The following information applies to the questions displayed below.] Lawson Consulting had the following accounts and amounts on December 31 Cash Accounts receivable Equipment Accounts payable Common stock $ 7,5ee Dividends 5,998 Services revenue 7,000 Rent expense 3,450 Wages expense 15,050 $ 2,000 13. See 2,500 8,600 Use the above information to prepare a December statement of retained earnings for Lawson Consulting. The Retained Earrings account balance at December 1 was $0 Hint Net Income for December is $3,000 LAWSON CONSULTING Statement of Retained Earnings 0 $ 0 Required information [The following information applies to the questions displayed below) Lawson Consulting had the following accounts and amounts on December 31. Cash Accounts receivable Equipment Accounts payable Common stock $ 7,5ee Dividends 5,000 Services revenue 7.000 Rent expense 3,450 Wages expense 15,ese $ 2.ee 13,500 2,500 8,000 Use the above information to prepare a December 31 balance sheet for Lawson Consulting. Hint: The ending Retained Earnings account balance as of December 31 is $1,000 LAWSON CONSULTING Balance Sheet 0 0 0 $ $ 0