问题描述:
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3 Presented below is financial information related to the 2008 operations of Summers Cruise Company.
Maintenance expense $96,000
Property tax expense (on dock facilities) 14,000
Salaries expense 140,500
Advertising expense 3,600
Ticket revenue 340,000
-Instructions
Prepare the 2008 income statement for Summers Cruise Company. (List multiple entries in descending order of amounts.)
Summers Cruise Company
Income Statement
For the Year Ended December 31, 2008
Questions:
Revenuesa
(a)Maintenance expense $:?
(b)Ticket revenue
(c)Salaries expense
(d) Advertising expenseProperty tax expense
Expenses
a)Property tax expense $:?
(b)Maintenance expense
(c)Advertising expense
(d)Ticket revenue
e)Salaries expense
a)Property tax expense $:?
(b)Maintenance expense
(c)Advertising expense
(d)Ticket revenue
e)Salaries expense
a)Property tax expense $:?
(b)Maintenance expense
(c)Advertising expense
(d)Ticket revenue
e)Salaries expense
a)Property tax expense $:?
(b)Maintenance expense
(c)Advertising expense
(d)Ticket revenue
e)Salaries expense
Total expenses $:?
Net income
3 Presented below is financial information related to the 2008 operations of Summers Cruise Company.
Maintenance expense $96,000
Property tax expense (on dock facilities) 14,000
Salaries expense 140,500
Advertising expense 3,600
Ticket revenue 340,000
-Instructions
Prepare the 2008 income statement for Summers Cruise Company. (List multiple entries in descending order of amounts.)
Summers Cruise Company
Income Statement
For the Year Ended December 31, 2008
Questions:
Revenuesa
(a)Maintenance expense $:?
(b)Ticket revenue
(c)Salaries expense
(d) Advertising expenseProperty tax expense
Expenses
a)Property tax expense $:?
(b)Maintenance expense
(c)Advertising expense
(d)Ticket revenue
e)Salaries expense
a)Property tax expense $:?
(b)Maintenance expense
(c)Advertising expense
(d)Ticket revenue
e)Salaries expense
a)Property tax expense $:?
(b)Maintenance expense
(c)Advertising expense
(d)Ticket revenue
e)Salaries expense
a)Property tax expense $:?
(b)Maintenance expense
(c)Advertising expense
(d)Ticket revenue
e)Salaries expense
Total expenses $:?
Net income
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