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Indigo Insurance Agency prepares monthly financial statements. Presented below is an income statement for the month of June that is correct on the basis of
Indigo Insurance Agency prepares monthly financial statements. Presented below is an income statement for the month of June that is
correct on the basis of information considered.
Additional data: When the income statement was prepared, the agency's accountant neglected to take into consideration the
following information:
A utility bill for $ was received on the last day of the month for electric and gas service for the month of June.
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