Question: Saved Help Sev Required information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below)

 Saved Help Sev Required information Use the following information for exercise

Saved Help Sev 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 $82,780 in assets to launch the business. On October 31, the company's records show the following items and amounts. 640 1,960 Cash Accounts receivable Office supplies Land Office equipment Accounts payable Owner investments $15,768 12,590 1,960 46,030 16,580 ,250 82,780 Land Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses 12,590 2,270 5,456 7 nces Exercise 1-15 Preparing an income statement LO P2 Using the above information prepare an October income statement for the busin excewe- e to search t e B 9

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