Presented below is financial information related to the 2020 operations of Delgado Cruises SA. Maintenance and repairs expense R$ 97,000 Utilities expense 10,000 Salaries and wages expense 144,000 Advertising expense 3,500 Ticket revenue 342,000 Other comprehensive income 4,200 Instructions Prepare the 2020 income statement and comprehensive income statement for Delgado Cruises SA.
Chapter 1, Exercises #15
Presented below is financial information related to the 2020 operations of Delgado Cruises SA.
Maintenance and repairs expense | R$ 97,000 |
Utilities expense | 10,000 |
Salaries and wages expense | 144,000 |
Advertising expense | 3,500 |
Ticket revenue | 342,000 |
Other comprehensive income | 4,200 |
Instructions
Prepare the 2020 income statement and comprehensive income statement for Delgado Cruises SA.
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Answer
DELGADO CRUISE SA Income Statement For the Year Ended December 31, 2020 Revenues Ticket revenue....…View the full answer
Related Book For 
Financial Accounting with International Financial Reporting Standards
4th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
ISBN: 978-1119504306