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Question $5$ of $6$

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The income statement of Oriole Company for the month of July shows net income of $$3,820$ based on Service Revenue $$7,800,$ Salaries and Wages Expense $$2,290,$ Supplies Expense $$920,$ and Utilities Expense $$770.$ In reviewing the statement, you discover the following:

Insurance expired during July of $$520$ was omitted.

Supplies expense includes $$290$ of supplies that are still on hand at July $31.$

Depreciation on equipment of $$150$ was omitted.

Accrued but unpaid wages at July $31$ of $$350$ were not included.

Service performed but unrecorded totaled $$740.$

Prepare a correct income statement for July $2022.$

ORIOLE COMPANY Income Statement