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Part 2 of 4 Required Information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.

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Part 2 of 4 Required Information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below. On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,580 in assets to launch the business. On December 31, the company's records show the following items and amounts. 5.5 p 00561 Spe LAM Canh Accounts receivable office supplies office equipment Accounts payable Ovner investments 19,390 Cash withdrawale by owner 16,020 Consulting revenue 3,030 Rent expense 45,990 Salaries expense 18.550 Telephone expense 9,060 Miscellaneous expenses 4,580 2,650 16,020 4,190 7,570 830 650 # vioci Her A Exercise 1-19 (Algo) Preparing a statement of owner's equity LO P2 Using the above information prepare a December statement of owner's equity for Ernst Consulting. Hint J. Emst, Capital on December 1 was $0. ERNET CONSULTING Statement of Owner's Equity Emel, Capital. December 1 $ 0 Check my w

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