Mostert Music Company had the following transactions in March:
a. Sold instruments to customers for $10,000; received $6,000 in cash and the rest on account. The cost of the instruments was $7,000.
b. Purchased $4,000 of new instruments inventory; paid $1,000 in cash and owed the rest on account.
c. Paid $600 in wages for the month.
d. Received a $200 bill for utilities that will be paid in April.
e. Received $1,000 from customers as deposits on orders of new instruments to be sold to the customers in April.
Complete the following statements:

My answer is 5,400 is this correct?

Your answer to what? I don't see a question.

It's also usually useful to see how you come up with answers so that we can see what, if anything, you've done incorrectly.

Mostert Music Company had the following transactions in March:

1.

Sold instruments to customers for $10,000; received $6,000 in cash and the rest on account.

The cost of the instruments was $7,000.
2.

Purchased $4,000 of new instruments inventory; paid $1,000 in cash and owed the rest on account.
3.

Paid $600 in wages for the month.
4.

Received a $200 bill for utilities that will be paid in April.
5.

Received $1,000 from customers as deposits on orders of new instruments to be sold to the customers in April.

Complete the following statements:

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You should start your own thread. I still don't see a question. Complete what statements? And you need to read the guidelines for posting at the top of this forum in bold red print.