On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $84,000 in assets to launch the business. On October 31, the companys records show the following items and amounts.

Use this information to prepare an October income statement, statement of owner's equity, and balance sheet for the business.

ounts. Use $11,360 4,000 3,250 46,0C0 18,000 8.500 84.000 Cash Accounts receivabl Office supplies 14,000 3,550 7,000 760 580 Rent exponse Land Office equipment Accounts payable. Owner investments . . Miscellaneous expenses