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. $ 2,000 14,000 3,550 7,000 Cash Accounts receivable Office supplies $11,360 14,000 3,250 46,800 18,000 8,500 84,900 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses 760 580 Land Office equipment Accounts payable Owner investments 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 Ernst, Capital, Oct 1 Next > !!! 23 24 of 24