3 Part 3 of 3 B points Required information [The following information applies to the questions displayed below) On December 1, Jasmin Ernst organized Emst Consulting. On December 3, the owner contributed $84,580 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 $9,390 Cash dividends 16,820 Consulting revenue $2,650 16,020 office supplies 3,830 Rent expense 4,190 office equipment 16,550 581arles expense 7,570 oson Land 45,980 Telephone expense 830 Accounts payable Common stock 9,000 Miscellaneous expenses 64,580 650 Mc Graw Use the above information to prepare a December 31 balance sheet for Ernst Consulting ERNST CONSULTING Balance Sheet For Month Ended December 31 Accounts payable Liabilities . $ 6.060 Cash < Prev Assets 8m of 29 Next >