Supreme Ernst Consulting Statement Of Owners Equity
On October 1 Ebony Ernst organized Ernst Consulting.
Ernst consulting statement of owners equity. On Oct ober 3 the owner contributed 84000 cash. Use this information to prepare an October statement of owners equity for Ernst Consulting. On October 3 the owner contributed 82780 in assets to launch the business.
On October 1 Ebony Ernst organized Ernst Consulting. Accounts recelvable 15040 Consulting fees earned 15040. B Using the above information prepare an October statement of owners equity for Ernst Consulting.
Net income from Exercise 1-15 2110 2110 LessDividends 2000 Retained earnings October 31 110 Exercise 1-17 15 minutes ERNST CONSULTING Balance Sheet October 31 Assets Liabilities Cash 11360. The owners initial investment. On October 31 the companys records show the following items and amounts.
In a Nutshell A sole proprietorships capital is affected by four items. Use this information to prepare an October statement of owners equity for Ernst Consulting. On October 3 the owner contributed 84000 in assets to launch the business.
4 Also assume the following. Use the information to prepare an October statement of owners equity. Owner Investments 85050 Requirement.
On October 1 Ebony Ernst organized Ernst Consulting. On October 3 the owner contributed 84920 in assets to launch the business. Office suppliles 4200 Rent expense.