Photos - 2022-04-28 (2).png 3 Part 3 of 4 88F Sunny 100% Fullscreen On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,920 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 $ 2,930 16,950 $8,450 Cash dividends 16,950 Consulting revenue 4,080 Rent expense 18,860 Salaries expense Accounts receivable Office supplies Office equipment Land 4,420 46,020 Telephone expense 7,900 860 680 Accounts payable Common stock 9,280 Miscellaneous expenses 84,920 Use the above information to prepare a December 31 balance sheet for Ernst Consulting. ERNST CONSULTING Balance Sheet December 31 0 0 0 0 $ $ OneDrive Screenshot saved The screenshot was added to your OneDrive. qx 3:24 PM 4/28/2022