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  • Income Statement (Profit & Loss Statement) : Business Name Time Periods Category

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    Leslie Morris
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    This document is an income statement, also known as a profit and loss statement, for a business listing categories of sales, costs of goods sold, gross profit, operating expenses including salary, payroll taxes, outside services, supplies, repairs and maintenance, advertising, and more, with totals for end of year 1, projected end of year 2, and projected end of year 3, culminating in net profit/loss before and after taxes and retained earnings.

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    BUSINESS

    Original Title

    BUSINESS PLAN TIPS

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    This document is an income statement, also known as a profit and loss statement, for a business listing categories of sales, costs of goods sold, gross profit, operating expenses including salary, payroll taxes, outside services, supplies, repairs and maintenance, advertising, and more, with totals for end of year 1, projected end of year 2, and projected end of year 3, culminating in net profit/loss before and after taxes and retained earnings.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views2 pages

    Income Statement (Profit & Loss Statement) : Business Name Time Periods Category

    Uploaded by

    Leslie Morris
    This document is an income statement, also known as a profit and loss statement, for a business listing categories of sales, costs of goods sold, gross profit, operating expenses including salary, payroll taxes, outside services, supplies, repairs and maintenance, advertising, and more, with totals for end of year 1, projected end of year 2, and projected end of year 3, culminating in net profit/loss before and after taxes and retained earnings.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    INCOME STATEMENT (PROFIT & LOSS STATEMENT)

    BUSINESS NAME
    Time Periods

    Category (hover over term for more


    information) End of Year 1 End of Year 2 (Projected) End of Year 3 (Projected)

    Sales
    Cost of Goods Sold
    GROSS PROFIT $ - $ - $ -

    Operating Expenses
    Salary (Office & Overhead)
    Payroll (taxes, etc.)
    Outside Services
    Supplies
    Repairs & Maintenance
    Advertising
    Car, Delivery, Travel
    Accounting Expenses
    Legal Expenses
    Rent
    Telephone
    Utilities
    Insurance
    Taxes (real estate, etc)
    Interest
    Depreciation
    Other Expenses:
    Miscellaneous
    (other 2)
    (other 3)
    TOTAL OPERATING EXPENSES $ - $ - $ -

    NET PROFIT/LOSS BEFORE TAXES $ - $ - $ -

    Income Taxes
    NET PROFIT/LOSS AFTER TAX $ - $ - $ -

    Owner draw or dividends


    RETAINED EARNINGS $ - $ - $ -
    ATEMENT)

    End of Year 3 (Projected)

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