ication.com Bing Google Web Sice Gallery i Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contribut exchange for its common stock to launch the business. On December 31, the company's record: and amounts. Cash Accounts receivable office supplies office equipment Land Accounts payable Common stock $11,360 Cash dividends 14,000 Consulting revenue 3,250 Rent expense 18,000 Salaries expense 46,000 Telephone expense 8,500 Miscellaneous expenses 84,000 $2,000 14,000 3,550 7,000 760 580 Exercise 1-18 (Static) Preparing an income statement LO P2 Using the above information prepare a December income st