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The income statement of Sheridan Company for the month of july net income of $2, 850 based on Service Revenue $7, 240, salaries and wages

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The income statement of Sheridan Company for the month of july net income of $2, 850 based on Service Revenue $7, 240, salaries and wages Expense In reviewing the statement, you discover the following: Insurance expired during July of $390 was omitted. Supplies expense includes $400 of supplies that are still on hand at July 31. Depreciation on equipment of $340 was omitted. Accrued but unpaid wages at July 31 of $330 were not included. Service performed but unrecorded totaled $770. Prepare a correct income statement for july 2017. The income statement of Sheridan Company for the month of july net income of $2, 850 based on Service Revenue $7, 240, salaries and wages Expense In reviewing the statement, you discover the following: Insurance expired during July of $390 was omitted. Supplies expense includes $400 of supplies that are still on hand at July 31. Depreciation on equipment of $340 was omitted. Accrued but unpaid wages at July 31 of $330 were not included. Service performed but unrecorded totaled $770. Prepare a correct income statement for july 2017

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