Presented below is financial information related to the 2020 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 2020 income statement for Sea Legs Cruise Company.
Chapter 1, Exercises #15
Presented below is financial information related to the 2020 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 2020 income statement for Sea Legs Cruise Company.
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Answer
SEA LEGS CRUISE COMPANY Income Statement For the Year Ended December 31, 2020 Revenues T…View the full answer
Related Book For 
Accounting Principles
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
ISBN: 978-1119411482