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In December 1, Jasmin Ernst organized Ernst Consulting. Pn December 3, the owner contributed $82,650 in assets to launch the business. On December 1 ,

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In December 1, Jasmin Ernst organized Ernst Consulting. Pn December 3, the owner contributed $82,650 in assets to launch the business. On December 1 , the company's records show the following items and amounts. Jsing the above information prepare a December income statement for the business. Using the above information prepare a December statement of owner's equity for Ernst Consulting. Hint. Jasmin Ernst, Capital on December 1 was $0. Use the above information to prepare a December 31 balance sheet for Ernst Consulting

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