For the year ending June 30, Island Clinical Services mistakenly omitted adjusting entries for $1,200 of supplies that were used, (2) unearned revenue of $6,000 that was earned, and (3) insurance of $5,000 that expired. What is the combined effect of these errors on (a) revenues, (b) expenses, and (c) net income for the year ending June 30?

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The Answer of For the year ending June 30, Island Clinical Services mistakenly omitted adjusting entries for $1,200 of supplies that were used, (2) unearned revenue of $6,000 that was earned, and (3) insurance of $5,000 that expired. What is the combined effect of these errors on (a) revenues, (b) expenses, and (c) net income for the year ending June 30?

For the Year Ending June 30, Island Clinical Services Mistakenly