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Required Information The following information applies to the questions displayed below] On October 1, Ebony Ernst organized Erns t Consulting: on October 3, the owner

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Required Information The following information applies to the questions displayed below] On October 1, Ebony Ernst organized Erns t 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. 13,840 owner Cash withdrawals by 1,280 Cash Accounts receivable 13,140 Consulting revenue 13,140 Office supplies Land Office equipment17,200 Telephone expense Accounts payable7,810 Miscellaneous expenses630 Owner investments 83,220 2,530 Rent expense 45,840 Salaries expense 2,770 6,120 820 Using the above information prepare an October statement of owners equity for Ernst Consulting ERNST CONSULTING Statement of Owner's Equity For Month Ended October 31

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