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Exercise 4.6 The statement (s) of financial performance of Petra's Pest Control for the month of August 2021 shows a profit of $6800 based on:
Exercise 4.6 The statement (s) of financial performance of Petra's Pest Control for the month of August 2021 shows a profit of $6800 based on: Services revenue $15,200 Wages expenses $6,400 Supplies expenses $1,100 Electricity expense $900 In reviewing the statement, you discover the following: 1 Depreciation on equipment of $460 was omitted. 2 Supplies expense includes $320 of supplies that are still on hand at 31 August. 3 Insurance expired during August of $400 was omitted. 4 Accrued wages at 31 August amounting to $260 were not included. 5 Services provided but unrecorded totalled $1600. Required Prepare a corrected income statement for the month of August 2021
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