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Dragon Ball Income Statement

Dragon Ball Income Statement

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Published by Shinji

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Published by: Shinji on Jul 06, 2009
Copyright:Attribution Non-commercial


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dragonball corpincome statementfor the year ended june 30 200xSALESphp200000LESS COGMSNOTE 1-168000GROSS PROFIT32000LESS OPEXnote 4&5-47000net loss fr oper-15000add other inc15000other exp-70008000net loss
note 1Computation COGMSnote 2Raw mats invty jan 110000purchaadd purchases (net)note 247000fi57000less raw mat s end-6000less praw mats used51000pddirect labor49000net pufohnote 343000manufacturing cost143000note 3add w/p beg20000factorytotal goods placed in process163000dep-faless w/p end-15000indireccost of goods mfd148000other add fg invty beg30000totaltgas178000less fg end invty-10000cogms168000note 4computation of selling expensenote 5advertising5000
commission2000other selling exp12000total19000
computation of net purchasesses 50000500055000400040008000chases47000computation of foctory overheadsupplies10000tory machine5000labor20000ct oh800043000comp of adm and gen exp.ofc salaries10000

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