income statement for July 2014 corrected 1 Services provided but unrecorded totaled 700 Loss of Rev So added to Service Rev 2 Accrued but unpaid wages at July 31 of 360 were not included this is a balance sheet item Income stt only includes expenses which are incurred 3 Supplies expense includes 200 of supplies that are still on hand at July 31 So Supplis exp is Reduced By 200 Inventory will Inc by 200 in Balance sheet 4 Depreciatiio