This is a continuation of the Eli's Consulting Company from the previous chapter. 1. On December 31, 2019 Carlos Valdez counted the supplies. Remaining supplies totaled $1,000. 2. On November 30, 2019, Eli's Consulting Services paid $8,000 rent for December and January. 3. On December 1, Eli's Consulting Services purchased $11,000 worth of equipment. The equipment has an estimated useful life of five years and no salvage value. Show less ELI'S CONSULTING SERVICES Balance Sheet December 31, 2019 Assets 0 0 0 0 0 0 0 Total assets Liabilities 0 Equity 95,000 $ Total Liabilities & Equity 95,000