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  • Vertical Income Statement

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    Apeksha Jain
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    Vertical Income Statement PARTICULARS GROSS SALES (-)SALES RETURN NET SALES LESSCOST OF SALES OPN. STOCK (+)PURCHASES (+)CARRIAGE / FREIGHT INWARD (-)CLOSING STOCK (-)GROSS PROFIT ADD: OPERATING INCOMES LESS:OPERATING EXPENSES A)OFFICE AND ADMIN B)SELLING AND DISTRIBU

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    Vertical Income Statement PARTICULARS GROSS SALES (-)SALES RETURN NET SALES LESSCOST OF SALES OPN. STOCK (+)PURCHASES (+)CARRIAGE / FREIGHT INWARD (-)CLOSING STOCK (-)GROSS PROFIT ADD: OPERATING INCOMES LESS:OPERATING EXPENSES A)OFFICE AND ADMIN B)SELLING AND DISTRIBU

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    18 views2 pages

    Vertical Income Statement

    Uploaded by

    Apeksha Jain
    Vertical Income Statement PARTICULARS GROSS SALES (-)SALES RETURN NET SALES LESSCOST OF SALES OPN. STOCK (+)PURCHASES (+)CARRIAGE / FREIGHT INWARD (-)CLOSING STOCK (-)GROSS PROFIT ADD: OPERATING INCOMES LESS:OPERATING EXPENSES A)OFFICE AND ADMIN B)SELLING AND DISTRIBU

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Vertical Income Statement

    PARTICULARS GROSS SALES (-)SALES RETURN NET SALES LESS- COST OF SALES OPN. STOCK (+)PURCHASES (+)CARRIAGE/FREIGHT INWARD (-)CLOSING STOCK (-)PURCHASE RETURNS GROSS PROFIT ADD: OPERATING INCOMES LESS:OPERATING EXPENSES A)OFFICE AND ADMIN B)SELLING AND DISTRIBUTION C)FINANCIAL EXPENSE OPERATING PROFIT LESS:NON OPERATING INCOME LESS NON OPERATING EXPENSE LESS:PROVISION FOR TAX NET PROFIT AFTER TAX ADD:OPERATINGBALANCE LESS: P/L APPROPRIATION BALACE TRANSFERRED TO BALANCE SHEET AMT AMT XX (XX) XX XX XX XX XX (XX) (XX) AMT

    XX

    XX XX XX

    XX

    XX XX

    XX XX XX XX (XX) XXX XX

    XX XX

    (XX) XXX

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