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LUI LALILISE 3.9 The statement of profit or loss of Wolfmother Ltd for the month of July 2017 shows a profit of $1,468 based on

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LUI LALILISE 3.9 The statement of profit or loss of Wolfmother Ltd for the month of July 2017 shows a profit of $1,468 based on service revenue $5,771; wages expense $2,418; rupplies expense $1,268; and electricity expense $617. In reviewing the statement, you discover: the benefit consumed for prepaid insurance during July was not recorded - $275 supplies expense includes $408 of supplies that are still on hand at 31 July 3. depreciation on equipment of $154 was omitted accrued but unpaid wages at 31 July of $316 were not included services totalling $771 were performed but not invoiced. 2. 5. Required Prepare a correct statement of profit or loss for the month of July 2017

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