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December 1st, Jasmin Ernst organized Ernst Consulting. Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst

December 1st, Jasmin Ernst organized Ernst Consulting.
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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 $85,160 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. ERNST CONSULTING Income Statement

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