Un October 1, Epony Ernst organized Ernst Consulting, on October 3, the owner contributed $82,780...
90.2K
Verified Solution
Question
Accounting
Un October 1, Epony Ernst organized Ernst Consulting, on October 3, the owner contributed $82,780 in ass 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 investments $15,760 Cash withdrawals by owner 12,590 Consulting revenue 1,960 Rent expense 46,30 Salaries expense 16,580 Telephone expense 7,250 Miscellaneous expenses 82,780 640 12,590 2,270 5,450 760 580 Using the above information prepare an October income statement for the business. ERNST CONSULTING Income Statement 0

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.