Homework Answers
| ERNST CONSULTING | ||
| Statement of Retained Earnings | ||
| For Month Ended October 31 | ||
| Retained earnings, Oct. 1 | 0 | |
| Add: Net income | 1690 | =12800-3110-6490-850-660 |
| 1690 | ||
| Less: Dividends | 1570 | |
| Retained earnings, Oct. 31 | 120 | |
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Done Ch. 1-Quz 6 Help Save&Exit Submit 4 Required information The following information applies to the...
Done < Ch. 1-Ouiz Help Save & Ext Submit 5 Required information The following information applies...
Done < Ch. 1-Ouiz Help Save & Ext Submit 5 Required information The following information applies to the questions displayed below.) On October 1, Ebony Enst organized Ernst Consulting; on October 3, the owner contributed $83,540 in assets in exchange for its common stock to launch the business.On October 31, the company's records show the following items and amounts 14.28 12,50 Cash dividends Office supplies office equipment Using the above information prepare an October 3t balance sheet for Ernst Consulting...
Done < Ch.1-Quz Help Save & Ext Submit On October 1, Ebony Enst organized Ernst Consulting;...
Done < Ch.1-Quz Help Save & Ext Submit On October 1, Ebony Enst organized Ernst Consulting; on October 3, the owner contributed $83,540 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts 12,650 Cash dividends 5 1,570 Office supplies office equipment 4.32 Also assume the following a. The owners initial investment consists of $37,600 cash and $45,940 in land in exchange for its common stock...
Submit 29 Help Save & Exit Required information The following information applies to the questions displayed...
Submit 29 Help Save & Exit 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 $83,660 in assets to launch the business. On October 31, the company's records show the following items and amounts Part 2 of 3 Cash Accounts receivable office supplies Land Office equipment Accounts payable Owner investments $12.640 13,720 2,990 45,940 17,710 8,230 83,660 Cash withdrawals by owner Consulting revenue Rent...
Window Help 68% wed 12:28 P 1-16 Help Save & Exit Submit Check my work i...
Window Help 68% wed 12:28 P 1-16 Help Save & Exit Submit Check my work i ne romowing inmormation appues to ine questions aispvayea Delow On October 1, Ebony Ernst organized Ernst Consulting: on October 3. the owner contributed $85.050 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts 7,950Cash dividesds 17,500 Consulting reverge 4,200 Rent expense 46,010 Salaries expense 19,060 Telephone expense 9,430 Miscellaneous...
Required information [The following information applies to the questions displayed below.) On October 1, Ebony Ernst...
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 $82,890 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $15, 140 12,720 2,110 46,010 16,780 7,360 82,890 Cash dividends Consulting revenue...
Help Required information [The following information applies to the questions displayed below.] On October 1, Ebony...
Help 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 $84,000 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable 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 revenue...
Required information [The following information applies to the questions displayed below.) On October 1, Ebony Erst...
Required information [The following information applies to the questions displayed below.) On October 1, Ebony Erst organized Ernst Consulting; on October 3, the owner contributed $82,650 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable office supplies Land office equipment Accounts payable Common stock $15,200 12,410 1,770 46,080 16,450 6,060 82,650 Cash dividends Consulting revenue Rent...
2,3 Saved Help Save & Exit [The following information applies to the questions displayed below.] On...
2,3 Saved Help Save & Exit [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,390 In assets to launch the business. On October 31, the company's records show the following items and amounts. Cash Accounts receivable office supplies Land office equipment Accounts payable Owner investments $13, 210 13,320 2,720 45,910 17,350 7,970 83,390 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense...
Required information [The following information applies to the questions displayed below.] On October 1, Ebony Ernst...
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 $82,890 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable office supplies Land office equipment Accounts payable Common stock $15, 140 12,720 2,110 46,010 16,780 7,360 82,890 Cash dividends Consulting revenue...
Required information Use the following information for exercise 15 to 18 LO P2 [The following information...
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 in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash $15,760 12,590 1,960 46,030 16,580 7,250 82,780 Cash dividends Consulting revenue Rent...
Done < Ch. 1-Ouiz Help Save & Ext Submit 5 Required information The following information applies to the questions displayed below.) On October 1, Ebony Enst organized Ernst Consulting; on October 3, the owner contributed $83,540 in assets in exchange for its common stock to launch the business.On October 31, the company's records show the following items and amounts 14.28 12,50 Cash dividends Office supplies office equipment Using the above information prepare an October 3t balance sheet for Ernst Consulting...
Done < Ch.1-Quz Help Save & Ext Submit On October 1, Ebony Enst organized Ernst Consulting; on October 3, the owner contributed $83,540 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts 12,650 Cash dividends 5 1,570 Office supplies office equipment 4.32 Also assume the following a. The owners initial investment consists of $37,600 cash and $45,940 in land in exchange for its common stock...
Submit 29 Help Save & Exit 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 $83,660 in assets to launch the business. On October 31, the company's records show the following items and amounts Part 2 of 3 Cash Accounts receivable office supplies Land Office equipment Accounts payable Owner investments $12.640 13,720 2,990 45,940 17,710 8,230 83,660 Cash withdrawals by owner Consulting revenue Rent...
Window Help 68% wed 12:28 P 1-16 Help Save & Exit Submit Check my work i ne romowing inmormation appues to ine questions aispvayea Delow On October 1, Ebony Ernst organized Ernst Consulting: on October 3. the owner contributed $85.050 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts 7,950Cash dividesds 17,500 Consulting reverge 4,200 Rent expense 46,010 Salaries expense 19,060 Telephone expense 9,430 Miscellaneous...
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 $82,890 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $15, 140 12,720 2,110 46,010 16,780 7,360 82,890 Cash dividends Consulting revenue...
Help 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 $84,000 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable 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 revenue...
Required information [The following information applies to the questions displayed below.) On October 1, Ebony Erst organized Ernst Consulting; on October 3, the owner contributed $82,650 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable office supplies Land office equipment Accounts payable Common stock $15,200 12,410 1,770 46,080 16,450 6,060 82,650 Cash dividends Consulting revenue Rent...
2,3 Saved Help Save & Exit [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,390 In assets to launch the business. On October 31, the company's records show the following items and amounts. Cash Accounts receivable office supplies Land office equipment Accounts payable Owner investments $13, 210 13,320 2,720 45,910 17,350 7,970 83,390 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense...
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 $82,890 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable office supplies Land office equipment Accounts payable Common stock $15, 140 12,720 2,110 46,010 16,780 7,360 82,890 Cash dividends Consulting revenue...
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 in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash $15,760 12,590 1,960 46,030 16,580 7,250 82,780 Cash dividends Consulting revenue Rent...
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