! Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,850 in assets to launch the business. On December 31, the company's records show the following items and amounts. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Owner investments Revenues Using the above information prepare a December income statement for the business. Consulting revenue Total revenues $ 11,580 Cash withdrawals by owner 13,860 Consulting revenue 3,140 Rent expense 46,000 Salaries expense 17,820 Telephone expense 8,400 Miscellaneous expenses 83,850 ERNST CONSULTING Income Statement $ 13,860 $ $ 1,890 13,860 3,390 6,860 13 860 880 690

Required information [The following information applies to the questions displayed below.] On December 1. Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,850 in assets to launch the business. On December 31 , the company's records show the following items and amounts. Using the above information prepare a December income statement for the business