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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

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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 $82780 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 $15,760 12,590 1.960 45,03 16,50 1.250 Cash withdrawals by owner Consulting revenue Nont expense Salaries expense Telephone expense Miscellaneous expenses $ 12,590 2.220 5,450 760 Using the above information prepare an October statement of owner's equity for Emst Consulting ERNST CONSULTING Statement of Owner's Equity 3

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