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! Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Lawson Consulting

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! Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Lawson Consulting had the following accounts and amounts on December 31. Cash $13,000 Dividends Accounts receivable Equipment Accounts payable Common stock 6,100 Services revenue 8,100 Rent expense 4,440 Wages expense 20,660 $ 3,100 16,800 3,600 8,000 Check my work QS 2-17 (Algo) Preparing a balance sheet LO P1 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 $2,100. LAWSON CONSULTING Balance Sheet

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