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Current Attempt in Progress The Income statement of Bjorn ASA for the month of July shows net income of 63,300 based on Service Revenue 6,000.
Current Attempt in Progress The Income statement of Bjorn ASA for the month of July shows net income of 63,300 based on Service Revenue 6,000. Salaries and Wages Expense 2,000, Supplies Expense 1.000, and Utilities Expense 500. In reviewing the statement, you discover the following 1. Insurance expired during July of 600 was omitted. 2 Supplies expense Includes 250 of supplies that are still on hand at July 31. 3. Depreciation on equipment of 150 was omitted. 4. Accrued but unpaid salaries and wages at July 31 of 300 were not included. 5. Services performed but unrecorded totaled 500 Prepare a correct Income statement for July 2020. BJORN ASA Income Statement Question 3 of 4 < > Prepare a correct income statement for July 2020. BJORN ASA Income Statement eTextbook and Media List of Accounts -/20 E Attempts: 0 of 3 used Submit
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