6 Part 3 of 4 5 points Mc Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,660 in assets to launch the business. On December 31, the company's records show the following items and amounts. Cash Accounts receivable office supplies Land office equipment Accounts payable Owner investments Check my work mode: This shows what is correct or incorrect for the work you have completed sc Assets Cash Accounts receivable Office supplies Land Office equipment Total assets Use the above information to prepare a December 31 balance sheet for Ernst Consulting. $ 12,040 Cash withdrawals by owner 13,720 Consulting revenue Rent expense 2,990 45,940 Salaries expense 17,710 Telephone expense 8,230 Miscellaneous expenses 83,660 ERNST CONSULTING Balance Sheet $12,040 13,720 2,990 45,940 17,710 $ 92,400 X Answer is not complete. Accounts payable Liabilities Equity Jasmin Ernst, Capital Consulting fees earned Total liabilities and equity > X $ $ $ 8,230 8,230 83,660 $ 1,760 13,720 3,210 6,690 870 680 91,890 >> >XX 510 x

Required informetion [The following information applies to the questions displayed below] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,660 in assets to launch the busines5. On December 31 , the company's records show the following iterns and amounts: Use the above information to prepare a December 31 balance sheet for Ernst Consulting