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Help Save LEAR On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $85,160 In assets to launch the business. On

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Help Save LEAR 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. $ 3,190 15,160 4,720 Cash Accounts receivable office supplies Land office equipment Accounts payable Owner investments $ 7,520 15,160 4,310 46,000 19,190 9.600 85,160 Cash withdrawale by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses 9.220 900 710 Using the above information prepare an October income statement for the business. ERNST CONSULTING Income Statement

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