Presented below is financial information related to the 2014 operations of Gilligan Cruise Company. Maintenance and repairs

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Presented below is financial information related to the 2014 operations of Gilligan Cruise Company.

Maintenance and repairs expense ........$ 95,000

Utilities expense .............. 10,000

Salaries and wages expense ......... 142,000

Advertising expense .............. 24,500

Ticket revenue .............. 410,000

Instructions

Prepare the 2014 income statement for Gilligan Cruise Company.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Jan 30, 2014 12:55 AM

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Presented below is financial information related to the 2014 operations of Gilligan Cruise Company. Maintenance and repairs

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GILLIGAN CRUISE COMPANY Income Statement For the Year Ended December 31 ...View the full answer

Accounting Principles

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