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The income statement of Concord Co . for the month of July shows net income of $ 4 , 3 7 0 based on Service

The income statement of Concord Co. for the month of July shows net income of $4,370 based on Service Revenue $8,280, Salaries and Wages Expense $2,300, Supplies Expense $910, and Utilities Expense $700. In reviewing the statement, you discover the following:1. Insurance expired during July of $510 was omitted.2. Supplies expense includes $360 of supplies that are still on hand at July 31.3. Depreciation on equipment of $330 was omitted.4. Accrued but unpaid wages at July 31 of $320 were not included.Services performed but unrecorded totaled $700.Prepare a correct income statement for July 2025.Prepare a correct income statement for July 2025.
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