Income Statement

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Income Statement

Transcript of Income Statement

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

RevenueCurrent Month Year to Date

Amount % of Sales Amount % of Sales

Gross sales

Less sales returns and allowances

Net sales

Cost of SalesCurrent Month Year to Date

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)

Operating ExpensesCurrent Month Year to Date

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

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<-- Enter company name her<-- Enter the period ending date here

USER_02

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<-- Enter the period ending date here

EXAMPLE_01

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500200

EXAMPLE_02

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

EXAMPLE_02

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For Period Ending June 30, 2001

EXAMPLE_03

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2,500500

EXAMPLE_04

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350120

EXAMPLE_05

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240900

EXAMPLE_06

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360

EXAMPLE_07

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360

EXAMPLE_08

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35121014

EXAMPLE_09

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1308060

120

EXAMPLE_10

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12322

1221121421

EXAMPLE_11

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1303123

1233016

84

11493110

EXAMPLE_13

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22

EXAMPLE_14

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135

EXAMPLE_15

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00

EXAMPLE_16

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00