whats missing from my balance sheet?

exchange for its common stock to launch the business. On December 31, the company's records sh $ 12,650 $ 1,570 13,520 13,520 17 , 530 45 , 940 83 , 540 and amounts. Cash Accounts receivable Office supplies Office equipment Land Accounts payable Common stock 2,850 8,110 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses 3, 110 6,490 850 660 Exercise 1-20 (Algo) Preparing a balance sheet LO P2 Use the above information to prepare a December 31 balance sheet for Ernst Consulting. ERNST CONSULTING Balance Sheet December 31 Assets Cash Accounts receivable Office supplies Office equipment Land 12,650 13,520 2,850 17,530 45,940 92,490 Liabilities Accounts payable Equity Common stock Retained earnings otal equity 8,110 8,110 83,540 840 84,380 92,490