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Required information The following information applies to the question displayed next.) On October 1, Ebony Ernst established Emst Consulting (a sole proprietorship) on October 3,
Required information The following information applies to the question displayed next.) On October 1, Ebony Ernst established Emst Consulting (a sole proprietorship) on October 3, the owner contributed $83,010 as cash investment to launch the business. On October 31, the company's records show the following items and amounts Cash Accounts receivable office supplies Land office equipment Accounts payable Owner investments $14,890 12,820 2,290 45,960 16,900 7.670 83,010 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 930 12,820 2,530 5,780 790 610 Using the above information prepare an October statement of changes in equity for Ernst Consulting ERNST CONSULTING Statement of Changes in Equity $ 0 Required information [The following information applies to the question displayed next.) On October 1, Ebony Ernst established Ernst Consulting (a sole proprietorship) on October 3, the owner contributed $83,010 as cash investment to launch the business. On October 31, the company's records show the following items a amounts. Cash $14,890 Cash withdrawale by owner 930 Accounts receivable 12,820 Consulting revenue 12,620 office supplies 2,290 Rent expense 2,530 Land 45,960 Salaries expense 5,780 office equipment 16,900 Telephone expense Accounts payable 7,670 Miscellaneous expenses 610 Owner investments 83,010 790 Using the above Information prepare an October statement of changes in equity for Ernst Consulting ERNST CONSULTING Statement of Changes in Equity $ 0
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