The draft income statement for David Co for the year ended 30 June 2023 showed service revenue of $350,000, rent expense of $6,000 and insurance expense of $2,400. Before the report is finalised, you discover the following additional information has not been taken into account in calculating the above draft figures. Rent of $450 for the month of June 2023 has not been paid by 30 June 2023. Services for clients totalling $2,300 were performed but have not been invoiced. The insurance premium of $2,400 above is for a 12-month policy that expires on 30 November 2023. Required: Show the three items as they would appear in the income statement for David Co after taking into account the additional information.

The draft income statement for David Co for the year ended 30 June 2023 showed service revenue of $350,000, rent expense of $6,000 and insurance expense of $2,400. Before the report is finalised, you discover the following additional information has not been taken into account in calculating the above draft figures. Rent of 5450 for the month of June 2023 has not been paid by 30 June 2023 . - Services for clients totalting $2,300 were performed but have not been invoiced. - The insurance premium of $2,400 above is for a 12-month policy that expires on 30 November 2023. Required: Show the three items as they would appear in the income statement for David Co after taking into account the additional information