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 $83,220 in assets 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 $13,840 13,140 2,530 45,340 17,200 7.810 83,220 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1,200 13,140 2,770 6,120 820 630 Using the above information prepare an October statement of owner's equity for Ernst Consulting ERNST CONSULTING Statement of Owner's Equity As of October 31 For Month Ended October 31 Required information [The following information applies to the questions displayed below.) On October 1, Ebony Erst organized Ernst Consulting, on October 3, the owner contributed $83,220 in assets 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 $13,540 13,140 2,530 45,840 17,200 7,810 83,220 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1,280 13,140 2,770 6.120 820 6.30 Using the above information prepare an October statement of owner's equity for Ernst Consulting ERNST CONSULTING Statement of Owner's Equity $ 0