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Wenn-Chapte -Built Assignments i Saved Required information [The following information applies to the questions displayed...

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Accounting

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Wenn-Chapte -Built Assignments i Saved 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 $84,920 in assets to launch the business. On October 31, the company's records show the following items and amounts. Cash $ 8,450 Cash withdrawals by $2,930 owner Accounts 14,910 Consulting fees earned 14,910 receivable Office supplies 4,080 Rent expense 4,420 Land 46,020 Salaries expense 7,900 Office equipment 18,860 Telephone expense 860 Accounts payable 9,280 Miscellaneous expenses 680 Owner investments 84,920 Using the above information prepare an October income statement for the business. 1 USION - Chapter 1 Pre-But Saved He 4 Required information Using the above information prepare an October income statement for the business. 1 of 3 ERNST CONSULTING Income Statement Book int rint Tences

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