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:

5. Salaries owed to employees at the end of the month total $5,300, The salaries will be paid on July 5. Instructions Prepare a correct income statement.