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    Income Statement

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    iPakistan
    The income statement summarizes the company's revenues, costs, expenses, and profits for the current month and year-to-date. Net sales were [dollar amount] for the current month with a gross profit of [dollar amount] after accounting for cost of goods sold. Total operating expenses, including selling and general/administrative costs, were [dollar amount] for the month, resulting in net income before taxes of [dollar amount].

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    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd

    Income Statement

    Uploaded by

    iPakistan
    11K views19 pages
    The income statement summarizes the company's revenues, costs, expenses, and profits for the current month and year-to-date. Net sales were [dollar amount] for the current month with a gross profit of [dollar amount] after accounting for cost of goods sold. Total operating expenses, including selling and general/administrative costs, were [dollar amount] for the month, resulting in net income before taxes of [dollar amount].

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    Income Statement

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    The income statement summarizes the company's revenues, costs, expenses, and profits for the current month and year-to-date. Net sales were [dollar amount] for the current month with a gross profit of [dollar amount] after accounting for cost of goods sold. Total operating expenses, including selling and general/administrative costs, were [dollar amount] for the month, resulting in net income before taxes of [dollar amount].

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    11K views19 pages

    Income Statement

    Uploaded by

    iPakistan
    The income statement summarizes the company's revenues, costs, expenses, and profits for the current month and year-to-date. Net sales were [dollar amount] for the current month with a gross profit of [dollar amount] after accounting for cost of goods sold. Total operating expenses, including selling and general/administrative costs, were [dollar amount] for the month, resulting in net income before taxes of [dollar amount].

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 19

    Income Statement (all numbers in $000) [Company Name] [Period ending date]

    Current Month Year to Date


    Revenue
    Amount % of Sales Amount % of Sales
    Gross sales
    Less sales returns and allowances
    Net sales
    Current Month Year to Date
    Cost of Sales
    Amount % of Sales Amount % of Sales
    Beginning inventory
    Plus goods purchased/manufactured
    Total goods available
    Less ending inventory
    Total cost of goods sold
    Gross profit (loss)
    Current Month Year to Date
    Operating Expenses
    Amount % of Sales Amount % of Sales
    Selling
    Salaries and wages
    Commissions
    Advertising
    Depreciation
    Total selling expenses
    General/Administrative
    Salaries and wages
    Employee benefits
    Payroll taxes
    Insurance
    Rent
    Utilities
    Depreciation and amortization
    Office supplies
    Travel and entertainment
    Postage
    Equipment maintenance and rental
    Interest
    Furniture and equipment
    Total General/Administrative expenses
    Total operating expenses
    Net income before taxes
    Taxes on income
    Net income after taxes
    Extraordinary gain or loss
    Income tax on extraordinary gain
    Net Income (Loss)
    USER_02

    <-- Enter company name here


    <-- Enter the period ending date here

    Page 2
    USER_02

    riod ending date here

    Page 3
    EXAMPLE_01

    500
    200

    Page 4
    EXAMPLE_02

    Tick-Tock Clocks, Inc. For Period Ending June 30, 2001

    Page 5
    EXAMPLE_02

    ng June 30, 2001

    Page 6
    EXAMPLE_03

    2,500
    500

    Page 7
    EXAMPLE_04

    350
    120

    Page 8
    EXAMPLE_05

    240
    900

    Page 9
    EXAMPLE_06

    360

    Page 10
    EXAMPLE_07

    360

    Page 11
    EXAMPLE_08

    35
    12
    10
    14

    Page 12
    EXAMPLE_09

    130
    80
    60
    120

    Page 13
    EXAMPLE_10

    12
    3
    2
    2
    12
    2
    1
    1
    2
    1
    4
    2
    1

    Page 14
    EXAMPLE_11

    130
    31
    23
    1
    23
    30
    16
    8
    4
    11
    49
    31
    10

    Page 15
    EXAMPLE_13

    22

    Page 16
    EXAMPLE_14

    135

    Page 17
    EXAMPLE_15

    0
    0

    Page 18
    EXAMPLE_16

    0
    0

    Page 19

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