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On October 3 the owner contributed 84000 in assets in exchange for its common stock to launch the business.
Ernst consulting statement of retained earnings. Cash 11360 Cash dividends 2000 Accounts receivable 14000 Consulting revenue 14000 Office supplies 3250 Rent expense 3550 Land 46000 Salaries expense 7000 Office equipment 18000 Telephone expense 760 Accounts payable 8500 Miscellaneous expenses 580 Common Stock 84000 Using the above information prepare an October statement of retained earnings for Ernst Consulting. Ad Download Our Earning Statement All 2000 Essential Business and Legal Templates. On October 3 the owner contributed 84000 cash.
Using the above information prepare an October statement of retained earnings for Ernst Consulting. Accounting questions and answers. Over 2000 Essential Templates to Start Organize Manage Grow Your Business in 1 Place.
Exercise 1-16 Preparing a statement of retained earnings LO P2. ERNST CONSULTING Statement of Retained Earnings For Month Ended October 31 Retained earnings Oct. ERNST CONSULTING Statement of Retained Earnings For Month Ended October 31 Check my wor Required information The following information applies to the questions displayed below On October 1 Ebony Ernst organized Ernst Consulting.
Exercise 1-18 15 minutes ERNST CONSULTING Statement of Cash Flows For Month Ended October 31 Cash flows from operating activities Cash received from customers 0 Cash paid. ERNST CONSULTING Statement of Retained Earnings For Month Ended October 31 Retained earnings Oct. Use this information to prepare an October statement of owners equity for Ernst Consulting.
Construct a point toward the studies compared to perform the risk exposures at the. Like other financial statements a retained earnings statement is structured as an equation. On October 31 the companys records show the following items and amounts.
31 110 Share this link with a friend. For Month Ended October 31. Income statement for ernst consulting statement of retained earnings statement elements.
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