Directions: Fill in the Cash Basis Income Statement and the Accrual Basis Income Statement for June July and August given the transacties below. Use a separateline item on the statements for each transactice. Ifa transaction does not lead to a revent or an exprese in that most do not put anything on the income statement The counting period and the last day of each month. She retindega in the spread and the deptumes in the first come fisher The spreadsheet is set up te calestate net income for each month. (10 minutes and 15 points) Transaction On June 1, DC receives $1.200 to provide services Caring June Salyan Al 2. DC employee salaries for work they completed in June were $200, for July were $250 and for ups were 5300 DC paid the une salaries in July, the Puty salaries in Aupad and the August salaries in September Cash Basic Statement une Cash Bash come Statement July Cash Hai Incene Stalement u Net Income Accrual Bass Tacom Accrual Bank Income Statement Statement July Accrual Basis Income Statement Awst Net Income