Adjusting Entries: A Simple Intro X + tion.com/ext/map/index.html?_conn.con&external browser=0&launchurishttps%253A%252F%252Fnewconnect.mheducation.com%252F/activity Seved Help Save & Che D Required information Use the following information for exercise 15 to 18 LO P2 The following information apples to the questions displayed below! On October 1, Ebony Emst organized Ernst Consulting, on October 3, the owner contributed $82,650 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. Cash Accounts receivable Office supplies Land office equipment Accounts payable Common stock $15,200 12,410 1,770 16.45 Cash dividends Consulting revence Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 460 12.41 2.140 750 sto 52.65 Exercise 1-15 Preparing an income statement LO P2 Using the above information prepare an October income statement for the business 7 1 2 W Adjusting Entries: A Simple Intro X + education.com/ext/map/index.html?_con=con&external_browser=0&launch Url=https%253A%252F%252Fnewconnect.mhed work 6 Saved Required information Using the above information prepare an October income statement for the business ERNST CONSULTING Income Statement B E 9