Business, 24.06.2021 04:10 num1bori

Liu Zhang operates Lawson Consulting, which began operations on June 1. The Retained Earnings account balance at June 1 was $0 and the owner invested $10,500 cash in the company on June 1. On June 30, the company's records show
the following accounts and amounts for the month of June.
1 of 3
Cash
Accounts receivable
Equipment
Accounts payable
Common stock
$5,000
4,500
6,500
3,000
10,500
Dividends
Service revenue
Rent expense
Wages expense
$ 1,500
12,000
2,000
6,000
ats
eBook
Hint
QS 2-12 Preparing an income statement LO P3
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References
Use the above information to prepare a June income statement for the business.
LAWSON CONSULTING
Income Statement
For Month Ended June 30
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Liu Zhang operates Lawson Consulting, which began operations on June 1. The Retained Earnings accoun...