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could you do this question it is accounting thank you The statement of profit or loss of Wolfmother Ltd for the month of July 2017
could you do this question it is accounting thank you
The statement of profit or loss of Wolfmother Ltd for the month of July 2017 shows a profit of $1,329 based on service revenue $5,528; wages expense $2,423; supplies expense $1,182; and electricity expense $594. In reviewing the statement, you discover: 1. 2. 3. 4. 5. the benefit consumed for prepaid insurance during July was not recorded $298 supplies expense includes $377 of supplies that are still on hand at 31 July depreciation on equipment of $144 was omitted accrued but unpaid wages at 31 July of $273 were not included services totalling $759 were performed but not invoiced. Required Prepare a correct statement of profit or loss for the month of July 2017. Wolfmother Ltd Statement of profit or loss for the month ended 31 July 2017 Debit Credit Account name $ $ $Step by Step Solution
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