Use the information in QS 2-14 to prepare a December 31 balance sheet for Lawson Consulting. The

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Use the information in QS 2-14 to prepare a December 31 balance sheet for Lawson Consulting. The ending Retained Earnings account balance as of December 31 is $2,500.

QS 2-14

Lawson Consulting had the following accounts and amounts on December 31. Prepare a December 31 trial balance.

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Financial Accounting Information For Decisions

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Authors: John J. Wild

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Use the information in QS 2-14 to prepare a December 31 balance sheet for Lawson Consulting. The

Question:

Cash $5,000 Accounts payable... $ 3,000 Services revenue $12,000 ........ ....- Accounts receivable 4,500 Common stock . 10,500 Rent expense 2,000 Equipment... 6,500 Dividends 1,500 Wages expense 6,000

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Financial Accounting Information For Decisions

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