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Company Name: Profit and Loss Statement

This document contains profit and loss statements for a company over a 12 month period. It shows the company had total net income of $72,450 for the year. Revenue was $433,611 for the year while costs of goods sold were $211,494, resulting in a gross profit of $222,117. Total operation expenses for the year were $87,907, leaving income from operations of $134,210 for the year after accounting for interest expenses of $814.

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Md Mahmudul Hassan
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67 views3 pages

Company Name: Profit and Loss Statement

This document contains profit and loss statements for a company over a 12 month period. It shows the company had total net income of $72,450 for the year. Revenue was $433,611 for the year while costs of goods sold were $211,494, resulting in a gross profit of $222,117. Total operation expenses for the year were $87,907, leaving income from operations of $134,210 for the year after accounting for interest expenses of $814.

Uploaded by

Md Mahmudul Hassan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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YEAR

PROFIT AND LOSS STATEMENT NET INCOME

$72,450
COMPANY NAME

Gross Profit
Line chart showing Gross Profit and Total Operation Expenses is in this cell. Enter data in table below.
Total Operation
Expenses

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD

Income From Operations $14,159 $24,981 $15,642 ($17,560) $17,044 $19,216 $19,082 $134,210

Interest Income (Expense) ($100) ($105) ($110) ($116) ($122) ($128) ($134) ($814)

Income Before Income Taxes $14,059 $24,876 $15,532 ($17,675) $16,922 $19,088 $18,948 $91,750

Income Tax Expense $2,400 $2,500 $2,600 $2,700 $2,900 $3,000 $3,200 $19,300

Net Income $11,659 $22,376 $12,932 ($20,375) $14,022 $16,088 $15,748 $72,450

Page 1 of 3
YEAR
PROFIT AND LOSS STATEMENT - REVENUE

COMPANY NAME

Revenue JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD

Sales $50,000 $63,098 $55,125 $23,881 $60,775 $63,814 $67,005 $89,000 $472,698

Sales Returns (Reduction) $0 ($500) $0 $0 ($234) $0 $0 ($300) ($1,034)

Sales Discounts (Reduction) ($5,000) ($5,250) ($5,513) ($5,788) ($6,078) ($5,324) ($6,700) ($400) ($40,053)

Other Revenue 1 $0 $0 $0 $0 $0 $0 $0 $2,000 $2,000

Other Revenue 2 $0 $0 $0 $0 $0 $0 $0 $0

Other Revenue 3 $0 $0 $0 $0 $0 $0 $0 $0

Net Sales $45,000 $57,348 $49,612 $18,093 $54,463 $58,490 $60,305 $90,300 $433,611

Cost of Goods Sold $20,000 $21,000 $22,050 $23,153 $24,310 $25,526 $26,802 $48,654 $211,494

Gross Profit $25,000 $36,348 $27,562 ($5,060) $30,153 $32,964 $33,503 $41,646 $222,117

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YEAR
PROFIT AND LOSS STATEMENT - OPERATION EXPENSES

COMPANY NAME

Operation Expenses JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD

Salaries & Wages $7,500 $7,875 $8,269 $8,682 $9,116 $9,572 $10,051 $61,065

Depreciation $500 $525 $551 $579 $608 $638 $670 $4,071

Rent $1,500 $1,575 $1,654 $1,736 $1,823 $1,914 $2,010 $12,213

Office Supplies $475 $499 $524 $550 $577 $606 $637 $3,867

Utilities $123 $123 $123 $123 $123 $123 $123 $861

Telephone $68 $68 $68 $68 $68 $68 $68 $476

Insurance $125 $125 $125 $125 $125 $125 $125 $875

Travel $250 $263 $276 $289 $304 $319 $335 $2,036

Maintenance $100 $105 $110 $116 $122 $128 $134 $814

Advertising $200 $210 $221 $232 $243 $255 $268 $1,628

Other 1 $0 $0 $0 $0 $0 $0 $0 $0

Other 2 $0 $0 $0 $0 $0 $0 $0 $0

Other 3 $0 $0 $0 $0 $0 $0 $0 $0

Total Operation Expenses $10,841 $11,367 $11,920 $12,500 $13,109 $13,749 $14,421 $87,907

Page 3 of 3

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