Question: Use the information given to do a December income statement for the buisness Required information Use the following information for the exercise(s) below LO P2

Required information Use the following information for the exercise(s) below LO P2 (Static) [The following information applies to the questions displayed below] On December 1, Jasmin Ernst organized Ernst Consulting: on December 3, the owner contributed $84,000 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. Exercise 1-18 (Static) Preparing an income statement LO P2 Using the above information prepare a December income statement for the business
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