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On December 1, Jasmin Emst organized Ernst Consulting. On December 3, the owner contributed $83,390 in assets to launch the business. On December 31, the

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On December 1, Jasmin Emst 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. Use the above information to prepare a December 31 balance sheet for Ernst Consulting

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