! 1 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 $83,220 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. art 1 of 3 ints 8 02:07:58 Cash Accounts receivable office supplies Land office equipment Accounts payable Common Stock $13,840 Cash dividendo 12,000 Consulting revenue 2,530 Rent expense 45,840 Salaries expense 17,200 Telephone expense 7,810 Miscellaneous expenses 83,220 $ 1,280 12,000 2,770 6,120 820 630 Using the above information prepare an October income statement for the business ! 2 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 $83,220 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Part 2 of 3 10 points 8 020738 Cach Accounts receivable Office supplies Land office equipment Accounts payable Common Stock $13,840 12.000 2,530 45,840 17,200 7,810 83,220 Cash dividende Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1,200 12,000 2,770 6,120 820 630 Using the above information prepare an October statement of retained earnings for Ernst Consulting. 3 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 $83,220 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Part 3 of 3 4 points Cash Accounts receivable office supplies Land office equipment Accounts payable Common Stock $13,840 12,000 2,530 45,840 17,200 7,810 83,220 Cash dividends Consulting revenue Rent expenso Salaries expense Telephone expense Miscellaneous expenses $ 1,280 12,000 2,770 6,120 820 630 02:07:19 Using the above information prepare an October 31 balance sheet for Ernst Consulting