(Solved): Item 2 Required information Use the following information for the Exercises below. (Algo) Skip to ...

Item 2 Required information Use the following information for the Exercises below. (Algo) Skip to question [The following information applies ro the questions displayed below.] On December 1. Jasmin Emst organized Emst Consulting. On December 3, the owner contributed $$\$84,920$$ 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. Required information Use the following information for the Exercises below. (Algo) Skip to question [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Emst Consulting. On December 3, the owner contributed $$\$84,920$$ 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 1-19 (Algo) Preparing a statement of retained earnings LO P2 Using the above information prepare a December statement of retained earnings for Emst Consulting. Hint: Retained Earnings on December 1 was $$\$0$$. Prev Question 2 of 4 Total 2 of 4 Visit question map Next Next