UNCLASSIFIED Lu Assignments: P X Class in Conne X Financial State X Question 8 - H x file 5.docx X G Indicate in whi X + V to.mheducation.com/ext/map/index.html?_con=con&external_browser-0&launchUrl=https%253A%252F%252FIms.mheducation.com%252F.. ork: Accounting Basics Assignment i Saved Help Save & Exit Submit Check my work 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 $83,660 in assets to launch the business. On December 31, the company's records show the following items and amounts. Cash $ 12, 040 Cash withdrawals by owner $ 1, 760 Accounts receivable 13, 720 Consulting revenue 13, 720 Office supplies 2, 990 Rent expense 3 , 210 Land 45, 940 Salaries expense 6, 690 Office equipment 17,710 Telephone expense 870 Accounts payable 8, 230 Miscellaneous expenses 580 Owner investments 83, 660 Use the above information to prepare a December 31 balance sheet for Ernst Consulting. ERNST CONSULTING Balance Sheet December 31 Assets Assets uestion 8 - H X *file 5.docx X G Indicate in wh ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com work: Accounting Basics Assignment Saved Required information ERNST CONSULTING Balance Sheet December 31 Assets Assets U $ 0