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  3. the income statement of crane co. for the month of

The income statement of Crane Co. for the month of July shows net income of...

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Accounting

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The income statement of Crane Co. for the month of July shows net income of $2,520 based on Service Revenue $6,930, Salaries and Wages Expense $2,646, Supplies Expense $1,134, and Utilities Expense $630. In reviewing the statement, you discover the following: 1. Insurance expired during July of $441 was omitted. 2. Supplies expense includes $252 of supplies that are still on hand at July 31 . 3. Depreciation on equipment of $189 was omitted. 4. Accrued but unpaid wages at July 31 of $449 were not included. 5. Services performed but unrecorded totaled $882. Prepare a correct income statement for July 2027. $ $

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