Question: Current Attempt in Progress Your answer is partially correct. The income statement of Sheridan Co. for the month of July shows net income of $1,840


Current Attempt in Progress Your answer is partially correct. The income statement of Sheridan Co. for the month of July shows net income of $1,840 based on Service Revenue $5,060, Salaries and Wages Expense $1,932, Supplies Expense $828, and Utilities Expense $460. In reviewing the statement, you discover the following: 1. Insurance expired during July of $322 was omitted. 2. Supplies expense includes $184 of supplies that are still on hand at July 31 . 3. Depreciation on equipment of $138 was omitted. 4. Accrued but unpaid wages at July 31 of $330 were not included. 5. Services performed but unrecorded totaled $644. Prepare a correct income statement for July 2027. Question 4 of 5>3.79/4 For the Month Ended July 31, 2027 Revenues Total Expenses Net Income / (Loss) $ eTextbook and Media List of Accounts
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