Instruction Labels and Amount Descriptions Retained Earnings Statement Instruction The following accounts and their amounts for Bright Futures Company for the month ended August 31. Accounts Amounts 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 17,600 Common stock 5,000 Retained Earnings (August 1) 9,320 Wages Expense 4,800 Utilities Expense 750 Office Expense 420 Instruction Labels and Amount Descriptions Retained Labels and Amount Descriptions Labels For the Month Ended August 31 Amount Descriptions Change in retained earnings Dividends Net income Net loss Retained earnings, August 1 Retained earnings, August 31 Instruction Labels and Amount Descriptions Retained Earnings Statement Retained Earnings Statement Prepare a statement of retained earnings for Bright Futures Company for the month ended August 31. Refer to the lists of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is Incurred or there is a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. Bright Futures Company Retained Earnings Statement (Label)