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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

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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 $84,310 in assets to launch the business. On October 31, the company's records show the following items and amounts. $ 10,200 14,310 3,550 Cash Accounts receivable Office supplies Land Office equipment Accounts payable Owner investments Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 2.340 14,310 3,910 7,350 790 610 45,990 18,310 8,740 84,310 References Section Break Use the following information for exercise 15 to 18 LO P2 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 0

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