A1 File Home Insert Draw Formulas Data Review View Help Editing Calibri 11 B A General fx Accessibility tab summary: The company accounts for Ernst Consulting are presented in cells AS to B17. A state B D E F G H 1 2 3 On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,000 in assets to launch the business. On December 31, the company's records show the following items and amounts. 4 5 Cash $11,360 6 Accounts receivable 14,000 7 Office supplies 3,250 8 Land 46,000 9 Office equipment 18,000 10 Accounts payable 8,500 11 Owner investments 84,000 + 12 Cash withdrawals by owner 2,000 13 Consulting revenue 14,000 14 Rent expense 3,550 15 Salaries expense 7,000 16 Telephone expense 760 17 Miscellaneous expenses 580 18 19 Required: 20 Using the above information prepare a December income statement for the business. 21 A Conded What A1 Calibri B & General 18 fx Accessibility tab summary: The company accounts for Ernst Consulting are presented in cells A5 to B17. A statement for requirement is pres A B D 20 Using the above information prepare a December income statement for the business. 21 E F 22 (Use cells A5 to 817 from the given information to complete this question. All formulas must return positive values.) 231 241 25 26 27 28 29 30 31 32 33 34 35 36 37 38 ERNST CONSULTING Income Statement G H 39 40 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. Graded Worksheet Calculation Mode: Automatic + Workbook Statistics I K