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 Einst Consulting. On December 3, the owner contributed $83,390 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 receivalile Office supplies office equipment $ 13,210 Cash dividends 13,320 Consulting revenue 2,720 Rent expense) $1,460 13,320 2,950 17,350 Salaries expense 6,200 45,910 Telephone expense Accounts payable, Common stock 830 7,970 Miscellaneous expenses 3,390 640 Land Exercise 1-20 (Algo) Preparing a balance sheet LO P2 Use the above information to prepare a December 31 balance sheet for Ernst Consulting. Part 3 of 3 11 points Exercise 1-20 (Algo) Preparing a balance sheet LO P2 Use the above information to prepare a December 31 balance sheet for Ernst Consulting. ERNST CONSULTING Balance Sheet eflook) Hint Ask Print References