2 art 2 of 3 ints eBook Hint Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,200 in assets in exchange for its common stock to launch the business. On December 31, the company's records show the following items and amounts. Cash Accounts receivable Office supplies Office equipment Land Accounts payable Common stock $ 10,710 14,600 3,450 18,170 Salaries expense Cash dividends Consulting revenue Rent expense 46,030 Telephone expense 8,630 Miscellaneous expenses 84,200 $ 2,180 14,600 3,750 7,160 Exercise 1-19 (Algo) Preparing a statement of retained earnings LO P2 780 600

Use the following intormation tor the Exercises below. (Algo) [The following information applies to the questions displayed below] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3 , the owner contributed $84,200 in assets in exchange for its common stock to launch the business. On December 31, the company's records show the following items and amounts. Exercise 1-19 (Algo) Preparing a statement of retained earnings LO P2