Using the following accounts and their amounts, prepare in good format a balance sheet for Bright...

  

Transcribed Image Text:

Using the following accounts and their amounts, prepare in good format a balance sheet for Bright Futures Company for the month ended August 31. Telephone expense Cash Accounts payable Dividends Fees earned Rent expense Supplies Accounts receivable Computer equipment Common stock Retained Earnings (August 1) Wages expense Utilities expense Office expense $1,150 3,000 1,540 800 15,700 1,400 140 1,500 17,600 5,000 9,320 4,800 750 420 Bright Futures Company Balance Sheet For the Month Ended August 31 Total assets Assets Liabilities Stockholders' Equity Total liabilities and stockholders' equity LA tA Using the following accounts and their amounts, prepare in good format a balance sheet for Bright Futures Company for the month ended August 31. Telephone expense Cash Accounts payable Dividends Fees earned Rent expense Supplies Accounts receivable Computer equipment Common stock Retained Earnings (August 1) Wages expense Utilities expense Office expense $1,150 3,000 1,540 800 15,700 1,400 140 1,500 17,600 5,000 9,320 4,800 750 420 Bright Futures Company Balance Sheet For the Month Ended August 31 Total assets Assets Liabilities Stockholders' Equity Total liabilities and stockholders' equity LA tA

Answer rating: 100% (QA)

Bright Futures Company Balance Sheet For the Month Ended August 31 Asse... View the full answer