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Accounting: The income statement of Blossom Company for the month of july shows.... ...

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Accounting

Accounting: The income statement of Blossom Company for the month of july shows....

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The income statement of Blossom Company for the month of July shows net income of $3,030 based on Service Revenue $7,410, Salaries and Wages Expense $2,860, Supplies Expense $970, and Utilities Expense $550. In reviewing the statement, you discover the following: 1. Insurance expired during July of $390 was omitted. 2. Supplies expense includes $330 of supplies that are still on hand at July 31 . 3. Depreciation on equipment of $200 was omitted. 4. Accrued but unpaid wages at July 31 of $390 were not included. 5. Service performed but unrecorded totaled $720. Prepare a correct income statement for July 2022

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