Required information [The following information applies to the questions displayed below) On December 1, Jasmin Ernst organized Est Consulting On December 3, the owner contributed $82.550 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. Cash Accounts receivable, office supplies office equipment Land Accounts payable, Common stock $ 15,200 Cash dividends 12.410 Consulting reven 1,770 Rent expense 16,450 Salaries expense 40,000 Telephone expense 6,000 Miscellaneous benses 82.650 $ 400 12,410 2.1 5,300 540 Using the above information prepare a December income statement for the bdingss ERNST CONSULTING Income Statumant M Prev acer O Next >> Sep 27