The income statement of Oriole Company for the month of July shows net income of $2,100 based on Service Revenue $6,100, Salaries and Wages Expense $2,300, Supplies Expense $1,200, and Utilities Expense $500. 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 $300 were not included. Services performed but unrecorded totaled $500. 4. 5 Prepare a correct income statement for July 2020. Prepare a correct income statement for July 2020. Oriole Company Income Statement July 31, 2020 Revenues AT Net Income /(Loss)