prepare a balance sheet

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 $84,470 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable office supplies Land Office equipment Accounts payable Connon stock $ 9,750 Cash dividends 15,620 Consulting revenue 3,710 Rent expense 45,970 Salaries expense 18,450 Telephone expense 8.900 Miscellaneous expenses 84,470 $ 2,530 15,620 4,070 7.450 810 Using the above information prepare an October 31 balance sheet for Ernst Consulting ERNST CONSULTING Balance Sheet cen