Required information The following information applies to the questions displayed below. On October 1, Ebony Ernst organized Ernst Consulting; contributed $83,390 in assets to launch the business. On October 31, the company's records show the following items and amounts. on October 3, the owner $12,670 Cash dividends Cash $2,000 13,320 Accounts 13,320 Consulting fees earned receivable Office supplies Land Office equipment Accounts payable Common stock 2,720 45,910 17,350 7,970 83,390 Rent expense Salaries expense Telephone expense Miscellaneous expenses 2,950 6,290 830 640 Usinn tho ahoun informn Using the above information prepare an October 31 balance sheet for Ernst Consulting. ERNST CONSULTING Balance Sheet $ 0