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Required information [The following information applies to the questions displayed below.] Lawson Consulting, which began operations on December 1, had the following accounts and
Required information [The following information applies to the questions displayed below.] Lawson Consulting, which began operations on December 1, had the following accounts and amounts on December 31. The I. Lawson, Capital account balance at December 1 was $0 and the owner invested $15,560 cash in the company on December 2. On December 31, the company's accounts and amounts for the month of December are shown in the table below: Cash Accounts receivable Equipment Accounts payable I. Lawson, Capital $ 8,000 I. Lawson, Withdrawals 5,100 Services revenue 7,100 Rent expense 3,540 Wages expense 15,560 Use the above information to prepare a December 31 trial balance. LAWSON CONSULTING Trial Balance December 31 $ 2,100 13,800 2,600 8,000 Debit Credit
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