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Required information The following information applies to the questions displayed below] Liu Zhang operates Lawson Consulting, which began operations on June 1. The Retained Earnings

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Required information 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 $10,500 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 t3 of 3 $ 5,000 4,500 6,500 3,000 10,500 Cash Accounts receivable Equipment Accounts payable Common stock $ 1,500 12,000 2,000 6,000 Dividends Service revenue Rent expense Wages expense 00 28.55 Book Use the above information to prepare a June 30 balance sheet for Lawson Consulting. Hint The ending Retained Earmings account balance as of June 30 is $2.500

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