Help Save &Exit Submit Check my work Accounting is an information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities. Select the aspect of accounting associated with this 1. Analyzing and interpreting reports. 2. Presenting financial information. 3. Keeping a log of service costs. 4. Measuring the costs of a product 5. Preparing financial statements 6. Soeing revenues generated from a service. 7. Observing employee tasks behind a product B.Registering cash sales of products sold Prev 1 of 9i Score answer 9 5 ory Bookmarks Window Help 100% mework Help Save&Exit Check my w 0 Required information The following information applies to the questions displayed below On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $82780 in assets in exchange for its common stock to launch the business. On October 31, the companys records show the following items and amounts Cash Accounts receivable office supplies Land office equipment Accounts payable Common Stock $15,760 Cash dividendts $ 640 10, 600 2,270 5,450 760 580 10,600 Consulting revenue 1,960 Rent expense 46,030 Salaries expense 16,580 Telephone expebse 7,250 Misce1laneous expenses 82,780 Using the above information prepare an October income statement for the business. NST CONSULTING Income Statement