題組內容

四、Logan Insurance Agency prepares monthly financial statements. Presented  below is an income statement for (he month of June that is correct on the basis of AddiHonal Data: When the income statement was prepared, the company accountant neglected to take into consideration the following information:

4. The agency purchased a new car at Ihe beginning of the month for $16,800 cash. 丁he car will depreciate $^1,200 per year.