Question: Required information Use the following information for the Quick Studies below. (Static) [The following information applies to the questions displayed below) Lawson Consulting, which began

 Required information Use the following information for the Quick Studies below.

Required information Use the following information for the Quick Studies below. (Static) [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 $10,500 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 1. Lawson, Capital $ 5,000 I. Lawton, withdrawals 4,500 Services revenue 6,500 Rent expenso 3,000 Wages expense 10,500 $ 1,500 12,000 2,000 6,000 QS 2-14 (Static) Preparing a trial balance LO P1 Use the above information to prepare a December 31 trial balance. LAWSON CONSULTING Trial Balance December 31 Debit Credit Prey 1 2 3 4 of 7 !!! Next >

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