Skidmore Music Company had the following transactions in March: 1 a. Sold instruments to customers for $16,100; received $10,100 in cash and the rest on account. The cost of the instruments was $8,000. b. Purchased $3,500 of new instruments inventory; paid $1,900 in cash and owed the rest on account. C. Paid $720 in wages to employees who worked during the month. d. Received $4,500 from customers as deposits on orders of new instruments to be sold to the customers in April. e. Received a $190 bill for March utilities that will be paid in April. 1.5 points Complete the following statements: eBook Cash Basis Income Statement Accrual Basis Income Statement Revenues Revenues Print Cash sales Sales to customers References Customer deposits Expenses Inventory purchases Wages paid Expenses Cost of sales Wages expense Utilities expense Net income Net income