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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 $14,500 Dividends Cash
Required information. (The following information applies to the questions displayed below] Lawson Consulting had the following accounts and amounts on December 31 $14,500 Dividends Cash Accounts receivable 6,400 Services revenue Equipment 8,400 Rent expense 3617 Accounts payable 4,718 Wages expense Common stock 22,190 $3,400 17,700 3,900 8,000 Use the above information to prepare a December statement of retained earnings for Lawson Consulting. The Retained Earnings account balance at December 1 was $0. Hint Net income for December is $5,800. LAWSON CONSULTING Statement of Retained Earnings
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