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On December 1 , Jasmin Ernst organized Ernst Consulting. On December 3 , the owner contributed $ 8 4 , 0 0 0 in assets

On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,000 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.
\table[[Cash,$11,360,Cash dividends,$2,000
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