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hy work mode : This shows what is correct or incorrect for the work you have completed so far. It de Use the following information for exercise 15 to 18 LO P2 (The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $8 launch the business. On October 31, the company's records show the following items and amo Cash Accounts receivable office supplies Land office equipment Accounts payable Owner investments $15, 140 12, 720 2,110 46,010 16,780 7, 360 82, 890 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 830 12,720 2,380 5,620 780 600 -rcise 1-17 Preparing a balance sheet LO P2 3 the above information prepare an October 31 balance sheet for Ernst Consulting. Using the above information prepare an October 31 balance sheet for Ernst Consulting. X Answer is not complete. ERNST CONSULTING Balance Sheet As of October 31 Assets Liabilities $ Cash 7,360 Office supplies $ 15,140 Accounts payable 2,110 46,010 16,780 Equity Ernst Capital Land 7,360 Office equipment 85 400 $ Total assets $ 80,040 Total liabilities and equity 92,760 3 Nex Prev of 10 N Powd