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Seved On October 1, Ebony Erst organized Emst Consulting: on October 3, the owner contributed $83,010 in assets to launch the business. On October 31,

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Seved On October 1, Ebony Erst organized Emst Consulting: on October 3, the owner contributed $83,010 in assets to launch the business. On October 31, the company's records show the following items and amounts Cash Accounts receivable ottice supplies $ 930 12,020 2,530 5,700 $14,890 12.320 2,290 45,960 16,900 7,670 83,010 Cash withdrawals by owner Consulting revenue Rent expense salaries expense Telephone expense Miscellaneous expenses 610 office equipment Mounts payable Over 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

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