The following information was reported in the December 31, 2012 financial statements of Southeast Airlines, Inc. (listed
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The following information was reported in the December 31, 2012 financial statements of Southeast Airlines, Inc. (listed alphabetically, amounts in millions).
Accounts payable | ps | 4,155 | |
accounts receivable | 700 | ||
aircraft fuel costs | 9,900 | ||
Money | 3,090 | ||
Common actions | 1,280 | ||
dividends | 15 | ||
Equipment | 15,810 | ||
Income from tax expenses | 310 | ||
Interest expenses | 250 | ||
Landing fees expenses | 4,300 | ||
Pay | 7,010 | ||
Repair and Maintenance Expenses | 2,400 | ||
Retained earnings (as of December 31, 2012) | 7,895 | ||
Wages and salaries expense | 3,460 | ||
supplies | 740 | ||
ticket revenue | 23,100 | ||
Prepare an income statement for the year ended December 31, 2012.
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025372
4th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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