The income statement of Blossom Company for the month of July shows net income of $2,700 based on Service Revenue $6,600, Salaries and Wages Expense $2,100, Supplies Expense $1,400, and Utilities Expense $400. In reviewing the statement, you discover the following.

Exercise 3-10 The income statement of Blossom Company for the month of July shows net income of $2,700 based on Service Revenue $6,600, Salaries and Wages Expense $2,100, Supplies Expense $1,400, and Utilities Expense $400. In reviewing the statement, you discover the following. 1. 2. 3. Insurance expired during July of $500 was omitted. Supplies expense includes $250 of supplies that are still on hand at July 31. Depreciation on equipment of $150 was omitted. Accrued but unpaid salaries and wages at July 31 of $200 were not included. Services performed but unrecorded totaled $700. 4. 5. Prepare a correct income statement for July 2020. Blossom Company Income Statement $ $