Question $3$ of $8$

$\frac{-}{10}$

Roadside Travel Court was organized on July $1,2016,$ by Betty Johnson. Betty is a good manager but a poor accountant. From the trial balance prepared by a part$-$time bookkeeper, Betty prepared the following income statement for her fourth quarter, which ended June $30\mathrm{.}2017.$

ROADSIDE TRAVEL COURT

Income Statement

For the Quarter Ended June $30,2017$

$\backslash$table$[[$Revenues$,,],[$Rent revenue,,$],[$Operating expenses,,$],[$Advertising expense,$$4,260,],[$Salaries and wages expense,$81,175,],[$Utilities expense,$915,],[$Depreciation expense,$2,880,],[$Maintenance and repairs expense,$4,365,],[$Total operating expenses,,$93,{595}_{?}$

A$.$ Prepare an adjusting journal entries required at june $30,2017$

B$.$ Prepare a correct income statement for the quarter june $30,2017$