adjusts its accounts on a monthly basis. Below table shows the adjusted balances for end of September, August and June. According to the table below prepare the a-) quarterly income statement for the 4 th quarter (20 pts.) b-) semi-annual income statement

basis. Below table shows the adjusted balances for end of September, August and June. According to the table below prepare the a-) "quarterly income statement" for the 4th quarter (20 pts.) b-) semi-annual income statement (20 pts.) Sales Revenue Salaries Expense Rent Expense Unearned Revenue Prepaid Insurance Expense Depreciation Expense 30.09.2020 31.08.2020 30.06.2020 100.000 85.000 60.000 12.000 10.000 5.000 7.000 4.000 2.500 15.000 8.000 2.000 5.000 3.000 1.500 20.000 16.000 12.000 basis. Below table shows the adjusted balances for end of September, August and June. According to the table below prepare the a-) "quarterly income statement" for the 4th quarter (20 pts.) b-) semi-annual income statement (20 pts.) Sales Revenue Salaries Expense Rent Expense Unearned Revenue Prepaid Insurance Expense Depreciation Expense 30.09.2020 31.08.2020 30.06.2020 100.000 85.000 60.000 12.000 10.000 5.000 7.000 4.000 2.500 15.000 8.000 2.000 5.000 3.000 1.500 20.000 16.000 12.000