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5 Required Information (The following information applies to the questions displayed below.) On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner

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5 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 $84,580 in assets in exchange for its corhmon stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings. October 1 as $0. Part 1 of 4 125 points Skpood Cash Locoats receivable derice supplies Land office equipment Accounts payable Connon stock $ 9,90 16,020 3,830 45,980 18,550 9.060 34,500 Carth dividenda Consulting revenge Rent expense Salaries axpense Telephone expense Mix DOGS expenses $ 2,650 16,020 4.190 7.570 830 CSO ce Hint Prim Using the above information prepare an October income statement for the business. References ERNST CONSULTING Income Statement Common stock 84,500 5 Using the above information prepare an October income statement for the business. Part 1 of 4 ERNST CONSULTING Income Statement 125 points Skipped eBook Hint Print References

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