Fun Ernst Consulting Balance Sheet

Ernst consulting statement of cash flows A company must fund its operations expand its businesses and thrive in the.

Ernst consulting balance sheet. A cash flow statement can be presented in several different. Communicating financial results are completed by the use of financial statements. If workers compensation committee on retained rust consulting to take these statements is a statement of directors for ernst organized ernst.

3 on a question. ERNST CONSULTING Balance Sheet Liabilities Accounts payable 11360 8500 Assets Cash Accounts receivable Office supplies Land Office equipment 11360 14000 3250 46000 18000 Equity Common stock Retained earnings 84000 110 Total assets 92610 Total liabilities and equity 92610 apter 1 Homework o Questions 34 The following information applies to the questions displayed below. On October 31 the companys records show the following items and amounts.

As of October 31. Freising Germany are provided by North Data and may be reused under the terms of. C Using the above information prepare an October 31 balance sheet for Ernst Consulting.

Cash 7950 Cash withdrawals by owner 3070 Accounts recelvable 15040 Consulting fees earned 15040 Office suppliles 4200 Rent expense 4530 Land 46010. A cash flow statement is considered a necessary companion to an income statement and a balance sheet when evaluating the financial condition of a business. ERNST CONSULTING Balance Sheet As of October 31 Assets Liabilities Cash 12650 Accounts payable 8110 Accounts receivable 13520 Office supplies 2850 Land 45940 Equity Office equipment 17530 Common stock 83540 Retained earnings 840 Total.

Exercise 1-17 Preparing a balance sheet LO P2 Using the above information prepare an October 31 balance sheet for Ernst Consulting. End to end transparency for digital strategy. Assets Cash Accounts receivable Office Supplies Land Office equipment 7610 ERNST CONSULTING Balance Shoot As of October 31 Liabilities 13840 Accounts payable 13140 2530 45640 Equity 17200 Emal Capital 000 7810 630 902 8530 02550 Totatables and equitys.

On October 1 Ebony Ernst organized Ernst Consulting. On October 31 the companys records show the following items and amounts. ERNST CONSULTING Income Statement For Month Ended October 31 Revenues Consulting fees earned 15600 Total revenues 15600 Expenses Salaries expense 7450 Rent expense 4070 Telephone expense 810 Miscellaneous expenses 630 Total expenses 12960 Net income 2640 Using the above information prepare an October statement of retained earnings for Ernst Consulting.