Account # Account Name

1000 ASSETS
1100 Current Assets
1110 CASH - Petty Cash
1120 CASH - Operating Account
1130 Central Bank

1200 RECEIVABLES
1250 Account Receivables

1300 INVENTORIES
1310 Product Inventory
1360 Office Inventory

1400 PREPAID EXPENSES and OTHER CURRENT ASSETS

1410 PREPAID - Insurance
1420 PREPAID - Rent

1500 FIXED ASSETS

1510 PPE - Computer Equipment
1520 PPE - Machinery and Equipment
1530 PPE - Furniture and Fixtures
1540 PPE - Vehicles
1550 PPE - Leasehold Improvements
1560 PPE - Buildings and Lands

1600 ACCUMULATED DEPRECIATION and AMORTIZATION

1610 ACCUM DEPR - Computer Equipment
1620 ACCUM DEPR - Machinery and Equipment
1630 ACCUM DEPR - Furniture and Fixtures
1640 ACCUM DEPR - Vehicles

2000 LIABILITIES

2100 PAYABLES
2110 A/P - Trade
2120 Unearned Revenue
2130 VAT - Input
2140 VAT - Output

2700 DEBTS
2710 Central Bank Long Term Debts
2720 Financial Company Short Term Debts

3000 OWNER'S EQUITIES

3100 Owner's Capital
3200 Retained Earnings
3300 Current Earnings
3400 Owner's Withdrawal

4000 REVENUE
4100 REVENUE - All Products
4101 REVENUE - Product 1
4102 REVENUE - Product 2
4103 REVENUE - Product 3
4200 Sales Discounts - All Products
4201 Sales Discounts - Product 1
4202 Sales Discounts - Product 2
4203 Sales Discounts - Product 3
4300 Sales Returns and Allowances - All Products
4301 Sales Returns and Allowances - Product 1
4302 Sales Returns and Allowances - Product 2
4303 Sales Returns and Allowances - Product 3

5000 COST of GOODS SOLD

5100 COGS - All Products
5101 COGS - Product 1
5102 COGS - Product 2
5103 COGS - Product 3
5200 Purchase - All Products
5201 Purchase - Product 1
5202 Purchase - Product 2
5203 Purchase - Product 3
5300 Purchase Discounts - All Products
5301 Purchase Discounts - Product 1
5302 Purchase Discounts - Product 2
5303 Purchase Discounts - Product 3
5400 Purchase Returns and Allowances - All Products
5401 Purchase Returns and Allowances - Product 1
5402 Purchase Returns and Allowances - Product 2
5403 Purchase Returns and Allowances - Product 3

6000 OPERATING EXPENSES

6100 EXP - Salaries
6110 EXP - Administration
6120 EXP - Electricity, Water, Phone
6130 EXP - Rent
6140 EXP - Insurance
6150 EXP - Repair and Maintenance
6160 EXP - Office Supplies
6170 EXP - Depreciation Equipment
6180 EXP - Depreciation Vehicles
6190 EXP - Other

7000 OTHER INCOME

7100 Finance Charge Income
8000 OTHER EXPENSES
8100 EXP - Interests
8200 EXP - Bank Charges
 INCOME/PROFIT LOSS STATEMENT
For the Year Ended MM/DD/YYYY

0 CoA Account Name Debit Credit

1 REVENUE
2 4100 REVENUE - All Products 7,355.00
3 4200 Sales Discounts - All Products 434.00
4 4300 Sales Returns and Allowances - All Products 790.00
4
4
4
4
4
4
4
4
4
4
4
4
5 Total Revenue
6 Cost of Sales
7 Beginning Inventory 5,204.65
8 5200 Purchase - All Products - 3,105.00
9 5300 Purchase Discounts - All Products 54.75 -
10 5400 Purchase Returns and Allowances - All Products 566.75 -
10
10
10
10
10
10
10
10
10
10
10
10
11 Ending Inventory 4,588.75
12 Total CoGS
13 Gross Profit/Loss
14 Expenses
15 6100 EXP - Salaries 600.00
16 6110 EXP - Administration -
17 6120 EXP - Electricity, Water, Phone 65.00
18 6130 EXP - Rent 50.00
19 6140 EXP - Insurance 25.00
20 6150 EXP - Repair and Maintenance 28.50
21 6160 EXP - Office Supplies 27.50
22 6170 EXP - Depreciation Equipment 6.25
23 6180 EXP - Depreciation Vehicles 50.00
24 6190 EXP - Other 27.60
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
25 Total Expenses
26 Gross Profit/Loss
27 Other Income/Expenses
28 7100 Finance Charge Income 12.50
29 8200 EXP - Bank Charges 1.50
29
29
29
29
29
29
29
29
29
29
29
29
29
30 Total
31 Net Profit/Loss
Balance

6,131.00

3,099.40
3,031.60
 879.85
2,151.75

11.00
2,162.75
 EXCELINDO COMPANY INC.
PROFIT LOSS STATEMENT
For the Year Ended MM/DD/YYYY

REVENUE
REVENUE - All Products 7,355.00
Sales Discounts - All Products 434.00
Sales Returns and Allowances - All P 790.00
Total Revenue 6,131.00
COST OF SALES
Beginning Inventory 5,204.65
Purchase - All Products 3,105.00
Purchase Discounts - All Products 54.75
Purchase Returns and Allowances - Al 566.75
Ending Inventory 4,588.75
Total CoGS 3,099.40
Gross Profit/Loss 3,031.60
EXPENSES
EXP - Salaries 600.00
EXP - Administration
EXP - Electricity, Water, Phone 65.00
EXP - Rent 50.00
EXP - Insurance 25.00
EXP - Repair and Maintenance 28.50
EXP - Office Supplies 27.50
EXP - Depreciation Equipment 6.25
EXP - Depreciation Vehicles 50.00
EXP - Other 27.60
Total Expenses 879.85
Gross Profit/Loss 2,151.75
OTHER INCOME/EXPENSES
Finance Charge Income 12.50
EXP - Bank Charges 1.50
Total 11.00
Net Profit/Loss 2,162.75
 EXCELINDO COMPANY INC.
PROFIT LOSS STATEMENT
For the Year Ended MM/DD/YYYY

REVENUE
REVENUE - All Products 7,355.00
Sales Discounts - All Products (434.00)
Sales Returns and Allowances - All P (790.00)
Total Revenue 6,131.00
COST OF SALES
Beginning Inventory 5,204.65
Purchase - All Products 3,105.00
Purchase Discounts - All Products (54.75)
Purchase Returns and Allowances - Al (566.75)
Ending Inventory (4,588.75)
Total CoGS 3,099.40
Gross Profit/Loss 3,031.60
EXPENSES
EXP - Salaries (600.00)
EXP - Administration 0.00
EXP - Electricity, Water, Phone (65.00)
EXP - Rent (50.00)
EXP - Insurance (25.00)
EXP - Repair and Maintenance (28.50)
EXP - Office Supplies (27.50)
EXP - Depreciation Equipment (6.25)
EXP - Depreciation Vehicles (50.00)
EXP - Other (27.60)
Total Expenses 879.85
Gross Profit/Loss 2,151.75
OTHER INCOME/EXPENSES
Finance Charge Income 12.50
EXP - Bank Charges (1.50)
Total 11.00
Net Profit/Loss 2,162.75
 EXCELINDO COMPANY INC
PROFIT LOSS STATEMENT
For the Year Ended MM/DD/YYYY

REVENUE
REVENUE - Product 7,355.00
Sales Discounts 434.00
Sales Returns and Allowances 790.00
Total Revenue 6,131.00

COST OF GOODS SOLD

Beginning Inventory 5,204.65
Purchase 3,105.00
Purchase Discounts 226.50
Purchase Returns and Allowances 395.00
Ending Inventory 4,588.75
Total CoGS 3,099.40
Gross Profit/Loss 3,031.60

EXPENSES
EXP - SALARIES 600.00
EXP - Administration
EXP - Electricity, Water, Phone 65.00
EXP - Rent 50.00
EXP - Insurance 25.00
EXP - Repair and Maintenance 28.50
EXP - Office Supplies 27.50
EXP - Depreciation Equipment 6.25
EXP - Depreciation Vehicles 50.00
EXP - Other 27.60
Total Expenses 879.85
Gross Profit/Loss 2,151.75

OTHER INCOME/EXPENSES
Finance Charge Income 12.50
EXP - Bank Charges 1.50
Total 11.00
Net Profit/Loss 2,162.75