(Solved): On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed \( \$ ...
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. Using the above information prepare a December income statement for the business.