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Using the above information prepare an October 31 balance sheet for Erst Consulting, Answer is not complete. ERNST CONSULTING Balance Sheet Liabilities Accounts payable $ 11.360 8,500 Assets Cash Accounts receivable Office supplies Land Office equipment 11,360 14,000 3,250 46,000 18,000 Equity Common stock Retained earnings 84,000 110 Total assets $ 92,610 Total liabilities and equity $ 92,610 apter 1 Homework o Questions 3.4 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. $ Cash Accounts recelvable Office supplies Land Office equipment Accounts payable Common stock $ 11,360 14,000 3.250 46,000 18,000 8,500 84,000 Cash dividends Consulting fees earned Rent expense Salaries expense Telephone expense Miscellaneous expenses 2.000 14.000 3,550 7,000 760 3.00 points Using the above information prepare an October income statement for the business. shows what is correct and incorrect for the work you have completed so far. the work you have done so far is correct, you may not have completed everything. 3.00 points Using the above information prepare an October 31 balance sheet for Ernst Consulting Answer is not complete. ERNST CONSULTING Balance Sheet Assets Liabilities Accounts payable 8,500 Cash Accounts receivable Office supplies Land Office equipment $ 11,360 14,000 3,250 46,000 18,000 Equity Common stock Retained earnings 84.000 110 Total assets + $ 92,610 Total liabilities and equity $ 92,610 Using the above information prepare an October 31 balance sheet for Erst Consulting, Answer is not complete. ERNST CONSULTING Balance Sheet Liabilities Accounts payable $ 11.360 8,500 Assets Cash Accounts receivable Office supplies Land Office equipment 11,360 14,000 3,250 46,000 18,000 Equity Common stock Retained earnings 84,000 110 Total assets $ 92,610 Total liabilities and equity $ 92,610 apter 1 Homework o Questions 3.4 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. $ Cash Accounts recelvable Office supplies Land Office equipment Accounts payable Common stock $ 11,360 14,000 3.250 46,000 18,000 8,500 84,000 Cash dividends Consulting fees earned Rent expense Salaries expense Telephone expense Miscellaneous expenses 2.000 14.000 3,550 7,000 760 3.00 points Using the above information prepare an October income statement for the business. shows what is correct and incorrect for the work you have completed so far. the work you have done so far is correct, you may not have completed everything. 3.00 points Using the above information prepare an October 31 balance sheet for Ernst Consulting Answer is not complete. ERNST CONSULTING Balance Sheet Assets Liabilities Accounts payable 8,500 Cash Accounts receivable Office supplies Land Office equipment $ 11,360 14,000 3,250 46,000 18,000 Equity Common stock Retained earnings 84.000 110 Total assets + $ 92,610 Total liabilities and equity $ 92,610