xy D unit 3-Chapter 3 Assy Post Web Re 03647809048447612 1510423190838 value 10.00 points Mostert Music Company had the following transactions in March a. Sold music lessons to customers for $14,350; received $8,950 in cash and the rest on account b. Paid $820 in wages for the month c. Recelved a $420 bill for utilitdies that will be paid in April d Recelved $2,200 from customers as deposits on music lessons to be given in April. 1. Based on the information above, prepare a cash basis and an accrual basis income statement Cash Basis Income Statement Accrual Basis Income Statemont Revenues Sales Expenses Revenues Sales Customer Deposits Salaries and Wages Expense Utilities Expense Total Revenues Total Expenses Salaries and Wages Pakd Cash Income Net Income Book & Resources @jaa Tm Cortana. Ask me anything