Using the Following Accounts and Their Amounts, Prepare in Good

question 81

Essay

Using the following accounts and their amounts, prepare in good format a balance sheet for Bright Futures Company for the month ended August 31. $\begin{array}{lr}\text { Tel ephone expense } & 1,150 \\\text { Cash } & 3,000 \\\text { Accounts payable } & 1,540 \\\text { Dividends } & 800 \\\text { Fees earned } & 15,700 \\\text { Rent expense } & 1,400 \\\text { Supplies } & 140 \\\text { Accounts receivable } & 1,500 \\\text { Computer equipment } & 17,600 \\\text { Common stock } & 10,000 \\\text { Retained earnings (August } 1 \text { ) } & 4,320 \\\text { Wages expense } & 4,800 \\\text { Utilities expense } & 750 \\\text { Office expense } & 420\end{array}$ ?

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Definitions:

Hardness

A measure of the resistance of a material to deformation or penetration.

Caffeine

A stimulant drug found in coffee, tea, chocolate, and certain soft drinks and medications, known for its ability to temporarily ward off drowsiness and restore alertness.

Refined Sugar

Processed sugar that has been stripped of its natural nutrients and fiber, commonly used as a sweetener in foods and beverages.

Scatterplot

A graph used to visually display the relationship between two quantitative variables.