Appendix II / Blank Forms and Worksheets
193
Profit & Loss (Income) Statement Business Name: _____________________ Beginning: ___________ ___, _____
Ending: ________________ ___, _____
INCOME 1. Sales Revenues 2. Cost of Goods Sold (c-d)
$
a. Beginning Inventory (1/01) b. Purchases c. C.O.G. Avail. Sale (a+b) d. Less Ending Inventory (12/31) 3. Gross Profit on Sales (1-2)
$
EXPENSES 1. Variable (Selling) (a thru h) a. b. c. d. e. f. g. Misc. Variable (Selling) Expense h. Depreciation (Prod/Serv Assets) 2. Fixed (Administrative) (a thru h) a. b. c. d. e. f. g. Misc. Fixed (Administrative) Expense h. Depreciation (Office Equipment) Total Operating Expenses (1+2) Net Income from Operations (GP-Exp) Other Income (Interest Income) Other Expense (Interest Expense) Net Profit (Loss) Before Taxes
$
$
Taxes a. Federal b. State c. Local NET PROFIT (LOSS) AFTER TAXES
Table of Contents
$
Index