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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 $14,540 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. $ 1,900 13,200 Cash $ 7,000 Accounts 4,900 receivable Equipment 6,900 Accounts payable 3,360 Common stock 14,540 Dividends Service revenue Rent expense Wages expense 2,400 8,000 Use the above information to prepare a June income statement for the business LAWSON CONSULTING Income Statement expense payable Common stock 14,540 Use the above information to prepare a June income stat LAWSON CONSULTING Income Statement $

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