Use the following information for exercise 15 to 18 LO P2 [The folowing information apples to the questons displayed below] On October 1, Ebony Ernst organized Ermst Consuting on October 3, the owner contributed $83,010 in assets to launch the business. On October 31, the company's records show the following tems and amounts. $14, 890 Cash wdthdravals by oner 12,820 Consulting revenue 2,29 Rent expense 45,960 Salaries expense 16,900 Telephone expense 7,678 iscellaneous expenses 83,0 $ 90 12,820 2,530 5,780 Cash Accounts recelvable OffIce supplies Land Office equipnent Accounts payable Ouner investnents 798 618

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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 $83,010 in assets
to launch the business. On October 31, the company's records show the following items and amounts.
Cash
Accounts receivable
$ 930
$14,890 Cash withdrawals by oumer
12,820 Consulting revenue
2,290 Rent expense
45,960 Salaries expense
16.900 Telephone expense
7,678 Miscellaneous expenses
83,810
12,820
Office supplies
2,530
5,780
Land
Office equipment
Accounts payable
Ouner investments
790
610
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* Accessibility: Investigate
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Transcribed Image Text:AutoSave Off H Document2 - Word P Search (Alt+Q) Sign in File Design References Mailings Review View Help Grammarly P Comments A Share Home Insert Draw Layout - 11 P Find - G Calibri (Body) A A Aa v E v E v - v Normal No Spacing Heading 1 Replace Editor Open Grammarly Paste BIU. v ab x, x' A . - I v v A = = E v A Select v Undo Clipboard Font Paragraph Styles Editing Editor Grammarly 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 $83,010 in assets to launch the business. On October 31, the company's records show the following items and amounts. Cash Accounts receivable $ 930 $14,890 Cash withdrawals by oumer 12,820 Consulting revenue 2,290 Rent expense 45,960 Salaries expense 16.900 Telephone expense 7,678 Miscellaneous expenses 83,810 12,820 Office supplies 2,530 5,780 Land Office equipment Accounts payable Ouner investments 790 610 Page 1 of 1 O words Text Predictions: On * Accessibility: Investigate D. Focus 110% 11:01 PM P Type here to search 45°F 3/20/2022 近
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=、三、而
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Neyuneu V IU
ERNST CONSULTING
Income Statement
Page 1 of 1
O words
Text Predictions: On
* Accessibility: Investigate
D. Focus
110%
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45°F
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Transcribed Image Text:AutoSave Off H Document2 - Word P Search (Alt+Q) Sign in File Design References Mailings Review View Help Grammarly P Comments A Share Home Insert Draw Layout P Find - Calibri (Body) - 11 A A Aa v =、三、而 G Normal No Spacing Heading 1 Replace Editor Open Grammarly Paste BIU. U v ab x, x A - I - A - E E E - A Select v Undo Clipboard Font Paragraph Styles Editing Editor Grammarly Neyuneu V IU ERNST CONSULTING Income Statement Page 1 of 1 O words Text Predictions: On * Accessibility: Investigate D. Focus 110% 11:01 PM O Type here to search 45°F 3/20/2022 近
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