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Exercise 1-19 (Algo) Preparing a statement of owner's equity LO P2 Required information Use the following information for the Exercises below. (Algo) [he following information

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Required information Use the following information for the Exercises below. (Algo) [he following information applies to the questions displayed below] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,390 in assets 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 owner's equity LO P2 Using the above information prepare a December statement of owner's equity for Emst Consulting. Hint J. Emst, Capital on Decembe 1 was $0 Exercise 1-19 (Algo) Preparing a statement of owner's Using the above information prepare a December statement of owner's 1 was $0

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