Question: DATA VIEW W Insert Ca Cut Font Name Font Size - TabStop Wrap Text B i US Overline Insert RC Merge Cell Copy E TO
DATA VIEW W Insert Ca Cut Font Name Font Size - TabStop Wrap Text B i US Overline Insert RC Merge Cell Copy E TO SAVE YOUR WORK B D F Mod03-Q2. The income statement of Benning Co. for the month of July shows net in 51.400 G H Service Revenue $5,500 Supplies Expense $1.200 Wages Expense $2,300 Utilities Expense $600 In reviewing the statement, you discover the following 1. Insurance expired during Juh $400 was omitted 2. Supplies expense includes $200 of supplies that are still on hand at July 31 3. Depreciation on equipment o $150 was omitted 4. Accrued but unpaid wages at July 31 of $300 were not included 5500 5. Services provided but unrecorded totaled Instructions: Prepare a correct income statement for July 2008 BENNING CO. Income Statement For the Month Ended July 31, 2008 Amount 5 6 17 18 19 20 21 22 23 24 25 26 27 28 Amount Amount Amount Amount Amount Formu Revenues Account title Expenses Account title Account title Account title Account title Account title Total expenses New ace Mod03-02
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
