Solution-Prepare an internal short form income statement

Prepare an internal short form income statement

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Reference no: EM132596846

Question - Prepare an internal short form income statement based on the following data for hotel Sivad, inc. The data is for the year ended September 30, 20XX.

Income of Revenue Centers:

Rooms $776,786 food and beverage 119,726

Telecommunications (15,610) vending machine commisions 1500

Cash discounts earned 2700

Interest income 800

Expenses of Support Centeres: Administrative and General 158,684

Marketing 48,209 property operations and maintenance 88,296

Other Expenses:

Utility costs 81,420

Rent 135,225

Property Taxes 55,650

Insurance 9,986

Interest 52,148

Depreciation and Amortization 115,860

Income Taxes 48,707

Reference no: EM132596846

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Prepare an internal short form income statement

Reference no: EM132596846

Reference no: EM132596846

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