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

Question:

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

Maintenance and repairs expense ........$ 97,000

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

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

Advertising expense ............. 3,500

Ticket revenue ................ 335,000


Instructions

Prepare the 2014 income statement for Donna Marie Cruise Company.


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Financial and managerial accounting

ISBN: 978-1118016114

1st edition

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

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