cory Bookmarks Window Help newconnect.meducation.com cy Aid Ora MYEPCC Sign In Chapter 01 Practice Problem Practice Problem Saved Help Save & Exit Check The following information applies to the questions displayed below.) On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $83,390 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 $13,210 Cash dividends 13,320 Consulting revenue 2,720 Rent expense 45,910 Salaries expense 17,350 Telephone expense 7,970 Miscellaneous expenses 83,390 $ 1,460 13,320 2,950 6,298 830 640 Using the above information prepare an October statement of retained earnings for Ernst Consulting ERNST CONSULTING Statement of Retained Earnings tv A 27 MacBook Air 00 DU DD So 090 000 F4 FB FS