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Question 3 of 8 -10 Roadside Travel Court was organized on July 1,2016,...

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Accounting

Question 3 of 8
-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 30.2017.
ROADSIDE TRAVEL COURT
Income Statement
For the Quarter Ended June 30,2017
\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
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