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Required information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below.) On October 1,

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Required information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below.) On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,850 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 Omer investsents $11.580 13.360 3.140 46.000 17.820 8.400 83. 850 Cash withdrawals by over Consulting revenue Rent expense Salaries expense Telephone expenso Miscellaneous expenses $ 1.890 13,860 3.390 6. 860 880 690 Exercise 1-15 Preparing an income statement LO P2 Using the above information prepare an October income statement for the business. ERNST CONSULTING Income Statement nces Required Information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below) On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,850 in assets to launch the business. On October 31, the company's records show the following items and amounts. Cash Accounts receivable Office supplies Lund Office equipment Accounts payable Owner investments $ 11.580 13,860 3, 140 46,000 17,820 8.400 83,850 Cash withdr wels by owner Consulting revenue Rent expense Salvies expense Telephone expense Miscellaneous expenses $ 1.890 13.860 3.390 6.060 880 Exercise 1-16 Preparing a statement of owner's equity LO P2 Using the above information prepare an October statement of owner's equity for Ernst Consulting ERNST CONSULTING Statement of Owner's Equity $ Required Information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below) On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $83,850 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 $11.580 13. 860 3, 140 46.000 17.820 8.400 83,850 Cash withdr wels by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1.890 13.860 3.390 6. 860 880 Exercise 1-17 Preparing a balance sheet LO P2 Using the above information prepare an October 31 balance sheet for Ernst Consulting, ERNST CONSULTING Balance Sheet 0 $ $

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