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Given below are the accounts and amounts for Bright Futures Company as of August 31, 2011. All of the revenue and expense amounts are for

Given below are the accounts and amounts for Bright Futures Company as of August 31, 2011.  All of the revenue and expense amounts are for the month of August.

Based on the data provided for Bright Futures Company, prepare in good format a balance sheet as of August 31, 2011.
 

Telephone Expense
$  1,150
Cash
3,000
Accounts Payable
1,540
Dividends
800
Fees Earned
15,700
Rent Expense
1,400
Supplies
140
Accounts Receivable
1,500
Computer Equipment
20,000
Capital Stock
10,000
Wages Expense
4,800
Utilities Expense
750
Notes Payable
2,400
Retained Earnings
4,320
Office Expense
420
 
 

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