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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
! 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 $9,000 Dividends 5,300 Services revenue 7,300 Rent expense 3,720 Wages expense 16,580 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 $1,300. LAWSON CONSULTING Balance Sheet Drox $ 2,300 14,400 2,800 8,000 S
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