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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: which began

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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: which began operations on December 1 , had the following accounts and amounts on December 31 The 1 . Lawson, Capital account balance at December 1 was $0 and the owner invested $21,680 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 Use the above information to prepare a December 31 balance sheet for Lawson Consulting. Hint The ending I. Lawson, Capital account balance as of December 31 is $23,980

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