Presented below is financial information related to the 2020 operations of Sea Legs Tours. Maintenance and repairs expense ..............................R$ 95,000Utilities expense ..................................................................13,000Salaries and wages expense ............................................142,000Advertising expense ............................................................24,500Ticket revenue ...................................................................410,000 InstructionsPrepare the 2020 income statement for Sea Legs Tours.
Chapter 1, Exercises #15
Presented below is financial information related to the 2020 operations of Sea Legs Tours.
Maintenance and repairs expense ..............................R$ 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 Tours.
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Related Book For 
Accounting Principles
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
ISBN: 978-1119419617