using the above information prepare a December income statment for business.

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 Ernst Consulting On December 3, the owner contributed $83,220 in assets to launch the business. On December 31, the company's records show the following items and amounts $ 13,840 Cash withdrawals by owner $ 1,200 Accounts receivable 13, 140 Consulting revenue 13, 140 office supplies 2,530 Rent expense 2, 770 Land 45,840 Salaries expense 6, 120 Office equipment 17,200 Telephone expense 920 Accounts payable 7.810 Miscellaneous expenses Owner investments 83,220 Cash 630 Exercise 1-18 (Algo) Preparing an income statement LO P2 Using the above information prepare a December income statement for the business, Required information ERNST CONSULTING Income Statement 0