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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

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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 Emst Consulting. On December 3, the owner contributed \\( \\$ 82,890 \\) 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. Use the above information to prepare a December 31 balance sheet for Ernst Consulting

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