budgeted sales for the 2nd quarter operations are shown in the following table: sales april may june cash sales $ 500 sales on account $ 800 the company expects a 25% increase in sales per month for may and june. the amount of sales revenues that would appear on the company's 2nd quarter pro forma income statement would be

Respuesta :

If sales april may june cash sales $ 500.The pro forma income statement would be  $4,956.25.

What is income statement?

Income statement help to show the income and expenditure of a company at a particular period of time.

April Sales = (500+800

April sales = 1300

May Sales =1300 × 1.25

May Sales = 1625

June Sales =1625 ×1.25

June Sales = 2,031.25

Pro forma income statement =1300 + 1625 + 2,031.25

Pro forma income statement = $4,956.25

Therefore the pro forma income statement is $4,956.25.

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