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6 new (The following information applies to the questions displayed below) On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed

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6 new (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 common 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 2 of 4 125 points Cash Accounts receivable office supplies Land office equipment Accounts payable Common stock $9.990 16,020 3,830 45.900 18,550 9.060 84,50 Caah dividende Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 2.650 16.020 4,190 2,570 830 ebook 650 Print References Using the above information prepare an October statement of retained earnings for Ernst Consulting ERNST CONSULTING Statement of Retained Earnings

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