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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

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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. $ 7,520 Cash vithdrawals by ouner 15,160 Consulting revenue 4.310 Rent expense 46,000 Salaries expense 19,190 Telephone expense 9,600 Miscellaneous expenses 85,160 3,190 15,160 4,720 8, 220 900 Cash ipped Accounts receivable Office supplies Land office equipment Accounts payable owner investnents 710 Book Hint Using the above information prepare an October statement of owner's equity for Ernst Consulting ERNST CONSULTING Print Statement of Owner's Equity rences

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