The income statement of Tamarisk, Inc. for the month of July shows net income of $ 2
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Question:
The income statement of Tamarisk, Inc. for the month of July shows net income of $ based on the Service Revenue of Salaries and Wages expense Supplies expense and Utilities Expense In reviewing the statement, you discover the following:
Insurance expired during July of $ was omitted.
Supplies expense includes $ of supplies that are still on hand at July
Depreciation on equipment of was omitted
Accrued but unpaid salaries and wages at July of $ were not included
Services performed but unrecorded totaled $
Prepare a correct income statement for July
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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