Help Save & B St 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 $85,160 in assets to launch the business. On October 31, the company's records show the following items and amounts. Canh Accounts receivable office wupplies Land office equipment Accounts payable Owner Investments $ 7,520 15,160 4,310 46,000 19,190 9.600 85,160 Cash withdrawala by owner Consulting revenue Rent expense Salaries expense Telephone expanse Miscellaneous expen $ 3,190 15,160 4.720 8.220 900 716 Using the above information prepare an October 31 balance sheet for Ernst Consulting. $ 9.600 $ ERNST CONSULTING Balance Sheet As of October 31 Liabilities 7,520 Accounts payable 15,160 46,000 19.190 Equity 4,310 Ernst Capital Assets Cash Accounts receivable Land Office equipment Office supplies 9,500 82.580 $ 92,150 $ 92,180 Total liabilities and equity Total assets Next