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 $85,460 in assets to launch the business. On December 31, the company's records show the following items and amounts. Cash $:6,650 Cash withdrawals by owner $ 3,490 Accounts receivable 18,650 Consulting revenue 18,650 Office Supplies 4,640 Rent expense 4,920 Land 46,000 Salaries expense 8,500 Office equipment 19,560 Telephone expense Accounts payable 9,890 Miscellaneous expenses Owner investments 85,460 890 700 Using the above information prepare a December Income statement for the business ERNST CONSULTING Income Statement For Month Ended December 31 Revenues W1 O You skippe 12 Required information For Month Ended December 31 Part 1 of 3 25 ints eBook Hint Print