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 $84,000 in assets to launch the business. On October 31, the company's records show the following items and amounts. $ 2.888 14,888 3,550 7,000 Cash Accounts receivable Office supplies Land Office equipment Accounts payable Owner investments $11, 360 14,000 3,250 46,000 18,000 3,500 84,000 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses 760 580 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 Assets Liabilities 11 Anale