Instructions Prepare the adjusting entries for the items above. E3.10 (LO 1, 2, 3, 4), AN Financial Statement The income statement of Lundeen Co. for the month of July shows net income of S1,400 based on Service Revenue $5.500. Salaries and Wages Expense $2,300, Supplies Expense $1,200, and Utilities Expense $600. In reviewing the statement, you discover the following. 1. Insurance expired during July of $500 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. Unpaid salaries and wages at July 31 of $400 were not included. 5. Services performed but unrecorded totaled $650