Presented below is financial information related to the 2017 operations of Sea Legs Cruise Company.Maintenance and repairs expense ....... $ 95,000Utilities expense ............... 13,000Salaries and wages expense ......... 142,000Advertising expense .............. 24,500Ticket revenue .............. 410,000InstructionsPrepare the 2017 income statement for Sea Legs Cruise Company.
Chapter 1, Exercises #15
Presented below is financial information related to the 2017 operations of Sea Legs Cruise Company.
Maintenance and repairs expense ....... $ 95,000
Utilities expense ............... 13,000
Salaries and wages expense ......... 142,000
Advertising expense .............. 24,500
Ticket revenue .............. 410,000
Instructions
Prepare the 2017 income statement for Sea Legs Cruise Company.
Maintenance and repairs expense ....... $ 95,000
Utilities expense ............... 13,000
Salaries and wages expense ......... 142,000
Advertising expense .............. 24,500
Ticket revenue .............. 410,000
Instructions
Prepare the 2017 income statement for Sea Legs Cruise Company.
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Answer
SEA LEGS CRUISE COMPANY Income Statement For the Year Ended December 31, 201…View the full answer
Related Book For 
Accounting Principles
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
ISBN: 978-1118875056