i Required information [The following information applies to the questions displayed below.] Cash Accounts receivable office supplies office equipment Land On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,200 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. Accounts payable Common stock ERNST CONSULTING Statement of Retained Earning Retained earnings, December 1 $10,710 14, 600 3,450 18, 170 $ Saved Cash dividends Consulting revenue Rent expense Salaries expense 46,030 Telephone expense 8,630 Miscellaneous expenses 84, 200 Using the above information prepare a December statement of retained earnings for Ernst Consulting. Hint: Retained Earnings on December 1 was $0. 0 Save & EXI Check my work

Requlred information [The following information applies to the questions displayed below] On December 1. Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,200 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 Ising the above information prepare a December statement of retained earnings for Emst Consulting. Hint Retained Earrings on December 1 was $0