Presented below is financial information related to the 2010 operations of Summers Cruise Company. Maintenance expense............ $ 95,000 Property tax expense (on dock facilities)... 10,000 Salaries expense.............. 142,000 Advertising expense........... 3,500 Ticket revenue............. 325,000 Instructions Prepare the 2010 income statement for Summers Cruise Company.

Chapter 1, Exercises #15
Presented below is financial information related to the 2010 operations of Summers Cruise Company.
Maintenance expense............ $ 95,000
Property tax expense (on dock facilities)... 10,000
Salaries expense.............. 142,000
Advertising expense........... 3,500
Ticket revenue............. 325,000
Instructions
Prepare the 2010 income statement for Summers Cruise Company.

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Accounting Principles

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

ISBN: 978-0470533475