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28 State Center Single-Signon Service - Assignments Acctg 4A - 21475 - 2021 Spring - Online - Weeks - Start Date Saved Ch 01 Exercises

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28 State Center Single-Signon Service - Assignments Acctg 4A - 21475 - 2021 Spring - Online - Weeks - Start Date Saved Ch 01 Exercises Part 2 0 8 fine following informaron appies to the questions displayed below. On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $84,000 in assets exchange for its common stock to launch the business. On October 31, the company's records show the follow and amounts. Part 3 of 3 3.5 points Cash Accounts receivable office supplies Land office equipment Accounts payable Comnon Stock $11,360 14,000 3,250 46,000 18,000 8,500 84,000 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 2,000 14,000 3,550 7,000 760 589 eBook Exercise 1-17 Preparing a balance sheet LO P2 Hint Using the above information prepare an October 31 balance sheet for Ernst Consulting. Print ERNST CONSULTING Balance Sheet References Me G

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