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    This document is a statement of performance for G Myside Line Handicraft for the year ending December 31, 2019. It shows sales of ₱74,553, cost of goods sold of ₱57,153, and a gross income of ₱17,400. Operating expenses totaled ₱20,300 for advertising and sales salaries, resulting in a net loss of ₱2,900 for the year.

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    Income Statememt For small business (Net Loss)

    Original Title

    Income Statement (1)

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    This document is a statement of performance for G Myside Line Handicraft for the year ending December 31, 2019. It shows sales of ₱74,553, cost of goods sold of ₱57,153, and a gross income of ₱17,400. Operating expenses totaled ₱20,300 for advertising and sales salaries, resulting in a net loss of ₱2,900 for the year.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    19 views1 page

    Income Statement

    Uploaded by

    Play Cinematic
    This document is a statement of performance for G Myside Line Handicraft for the year ending December 31, 2019. It shows sales of ₱74,553, cost of goods sold of ₱57,153, and a gross income of ₱17,400. Operating expenses totaled ₱20,300 for advertising and sales salaries, resulting in a net loss of ₱2,900 for the year.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    G Myside Line Handicraft

    Statement of Performance
    For the year ended December 31,2019

    Sales ₱74,553.00
    Less: Cost of Goods Sold 57,153.00
    Gross Income 17,400.00
    Less: Operating expense
    Advertising cost. ₱ 3,500
    Sales Salaries. 16,800 20,300.00
    Net loss. ₱ (2,900.00)
    ________________

    CYRIL JOSEPH T. NACOR

    Bookkeeper

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