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save Required Information The following information applies to the questions displayed below.) On October 1,...

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Accounting

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save Required Information The following information applies to the questions displayed below.) On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $84,780 in assets to launch the business. On October 31, the company's records show the following items and amounts. Cash Accounts receivable office supplies Land office equipment Accounts payable Owner investmentu $ 8,990 14,740 3,930 45,980 18,660 9,170 84,780 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 2,830 14,740 4,300 7.740 850 570 Using the above information prepare an October statement of owner's equity for Ernst Consulting. ERNST CONSULTING Statement of Owner's Equity $

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