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Question 6: The income statement of Sky Co, for the month of June shows net income of OMR 1,400 based on Service Revenue OMR 6,700. Supplies Expense OMR 1,200, and Utilities Expense OMR 600, Salaries and Wages Expense OMR 2,300. In reviewing the statement, you discover the following. Financial Accounting (1) BSDR1004 - Non Real Test 2 Page 4 of 10 I 1. Services provided but unrecorded totaled OMR 650 2. Insurance expired during June of OMR 400 was omitted. 3. Accrued but unpaid salaries and wages at June 31 of OMR 300 were not included. 4. Supplies expense includes OMR 250 of supplies that are still on hand at June 31. 5. Depreciation on equipment of OMR 150 was omitted. Instructions Prepare a correct income statement for June 2020. Solution