[The following information applies to the questions displayed below.] Lawson Consulting had the following accounts and amounts on December 31. Cash $ 5,000 Dividends $ 1,500 Accounts receivable 4,500 Services revenue 12,000 Equipment 6,500 Rent expense 2,000 Accounts payable 3,000 Wages expense 6,000 Common stock 10,500
[The following information applies to the questions displayed below.] Lawson Consulting had the following accounts and amounts on December 31. Cash $ 5,000 Dividends $ 1,500 Accounts receivable 4,500 Services revenue 12,000 Equipment 6,500 Rent expense 2,000 Accounts payable 3,000 Wages expense 6,000 Common stock 10,500
Chapter4: Operating Activities: Sales And Cash Receipts
Section: Chapter Questions
Problem 4.14C
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[The following information applies to the questions displayed below.]
Lawson Consulting had the following accounts and amounts on December 31.
Cash | $ 5,000 | Dividends | $ 1,500 |
4,500 | Services revenue | 12,000 | |
Equipment | 6,500 | Rent expense | 2,000 |
Accounts payable | 3,000 | Wages expense | 6,000 |
Common stock | 10,500 |
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