Presented below is financial information related to the 2019 operations of Louisa Cruise Company. Maintenance and repairs

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Presented below is financial information related to the 2019 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 2019 income statement for Louisa Cruise Company.

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Financial Accounting

ISBN: 978-1119305736

10th edition

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

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