CALCULATOE STANDARD VIEW PRINTER VERSION 1BACK Exercise 4-13 The income statement of Sheridan Company for the month of July shows net income of $2,850 based on Service Revenue $7,240, Salaries and Wages Expense $2,870, Supplies Expense $80, and Ublities Expense $540. In reviewing the'statement, you discover the following: Insurance expired during July of $390 was omitted. Supplhes expense includes $400 of supplies that are still on hand at July 31. 3. 1. 2. Depreciation on equipment of $340 was omitted. Accrued but unpaid wages at July 31 of $330 were not included. 5. Service performed but unrecorded totaled $770, Prepare a corect income statement for July 2022. SHERIDAN COMPANY Income Statement 1102 PM RCES Exercise 4-14 Selected accounts of Crane Company are shown here. Supplies Expense July 31 700 Salaries and Wages Expense 1,200 1,200 July 15 July 31 Service Revenue July 14 Duly 31 July 31 Supplies 1,010 July 31 4,110 1,000 250 July 1 Bal. 700 July 10 150 Salaries and Wages Payable tudy Duly 31 1,200 Accounts Receivable July 31 250 Unearned Service Revenue July 31 1,000 July 1 Bal. 1,510 July 20 600 After analyzing the accounts, journalize the July transactions. (Hint: July transactions were for cash.) (Record journal entries Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented wlhen the Date Account Titles and Explanation Debit Credit URCES After analyzing the accounts, journalize the adjusting entries that were made on July 31. (If no entry is required, select "No Entry titles are automatically indented when the amount is entered. Do not indent manually.) da Date Account Titles and Explanation Debit Credit July 31 13 (To record supplies expense) 24 July 31 23 25 28 49 (To record revenue for services performed) July 31 Study (To record salaries and wages expense) July 31 (To record unearned service revenue earned) Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT