Mostert Music Company had the following transactions in March: a. Sold music lessons to customers for $10,000; received $6,000 in cash and the rest on account b. Paid $600 in wages for the month. Received a $200 bill for utilities that will be paid in April. d. Received $1,000 from customers as deposits on music lessons to be given in April. Based on the information above, prepare a cash basis and an accrual basis income statement. Complete this question by entering your answers in the tabs below. ces Cash Basis Accrual Basis Based on the information above, prepare a cash basis income statement. MOSTERT MUSIC COMPANY Cash Basis Income Statement Revenues Cash Sales 6,000 Customer Deposits Total Revenues Expenses Salaries and Wages Paid Cash Income Accrual Basis >