On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,000 in assets to launch the business. On December 31, the companys records show the following items and amounts.

Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,000 in assets to launch the business. On December 31 , the company's records show the following items and amounts. Exercise 1-20 (Static) Preparing a balance sheet LO P2 Use the above information to prepare a December 31 balance sheet for Ernst Consulting