Please read the statements provided and correct the income statement for each transaction on a running basis. After you make all the corrections then state your revised net income. All transactions must show your T accounts and DR$/$CR Marks will be deducted for the above if not displayed

PROBLEM $3\mathrm{.}6$ An income statement showing a net income of $\backslash (\backslash$$ $7,200\backslash )$ was prepared for Seymour Enterprises for the month of April $19$XX$.$ When the bookkeeper was recording the transactions, however, some errors were made. The errors are as follows:

a$.$ The owner, Carl Seymour, withdrew $\backslash (\backslash$$ $1,000\backslash )$ for his personal use, but the $\backslash (\backslash$$ $1,000\backslash )$ was debited to Wages Expense and credited to Cash.

b$.$ Customers sent cheques totalling $\backslash (\backslash$$ $2,500\backslash )$ through the mail to apply to their accounts from previous months. The bookkeeper debited Cash for $\backslash (\backslash$$ $2,500\backslash )$ and credited Revenue for $\backslash (\backslash$$ $2,500\backslash ).$

c$.$ Carl wrote a $\backslash (\backslash$$ $300\backslash )$ cheque to pay for utilities for April. The bookkeeper debited Advertising Expense for $\backslash (\backslash$$ $300\backslash )$ and credited Cash for $\backslash (\backslash$$ $300\backslash ).$

d$.$ Carl wrote a cheque for $\backslash (\backslash$$ $900\backslash )$ to a creditor to reduce the amount owed on account. The bookkeeper debited Supplies Expense for $\backslash (\backslash$$ $900\backslash )$ and credited Cash for $\backslash (\backslash$$ $900\backslash ).$

e$.$ Carl performed services on account in April totalling $\backslash (\backslash$$ $3,000\backslash ).$ The bookkeeper recorded this transaction by debiting Cash for $\backslash (\backslash$$ $3,000\backslash )$ and crediting Accounts Payable for $\backslash (\backslash$$ $3,000\backslash ).$

f$.$ A $\backslash (\backslash$$ $900\backslash )$ bill for repairs to equipment was recorded as a debit to Repairs Expense for $\backslash (\backslash$$ $90\backslash )$ and a credit to Cash for $\backslash (\backslash$$ $90\backslash ).$