The following financial information is related to the 2022 operations of Louisa Cruise Company. Maintenance and repairs

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The following financial information is related to the 2022 operations of Louisa Cruise Company.

Maintenance and repairs expense ..........$ 92,000

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

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

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

Ticket revenue ............................................328,000

Instructions

Prepare the 2022 income statement for Louisa Cruise Company.

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Financial Accounting

ISBN: 9781119594598

11th Edition

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

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Question Posted: Oct 16, 2020 02:27 AM

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The following financial information is related to the 2022 operations of Louisa Cruise Company. Maintenance and repairs

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LOUISA CRUISE COMPANY Income Statement For the Year Ended December 31 2022 Revenues Ti...View the full answer

Financial Accounting

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