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On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,660...

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Accounting

On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,660 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.
\table[[Cash,$12,040,Cash dividends,$1,760
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