Question: How do i make this balance sheet? [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On
[The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contribut launch the business. On December 31, the company's records show the following items and am Cash $ 2,000 $ 11,360 Cash withdrawals by owner 14,000 Consulting revenue. 14,000 Accounts receivable office supplies Land 3,250 Rent expense 3,550 46,000 Salaries expense 7,000 18,000 Telephone expense office equipment. Accounts payable Owner investments 760 580 8,500 Miscellaneous expenses 84,000 Use the above information to prepare a December 31 balance sheet for Ernst Consulting. ERNST CONSULTING ces Balance Sheet December 31 Assets Liabilities. Cash 11,360 Accounts payable 8,500 Accounts receivable 14,000 Miscellaneous expenses 7,000 Land 46,000 Office supplies 3,250 Office equipment 18,000 J. Ernst, Capital 82,000 14,000 96,000 111,500 $ $ 92,610 Consulting fees earned Equity
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