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Income Statement
For the One Month Ending January 31, 2016
Cost of Sales
Cost of Good Sold 38,610.00 54.73 38,610.00 54.73
Expenses
Salary 21,500.00 30.47 21,500.00 30.47
Overtime 0.00 0.00 0.00 0.00
Pension fund 2,365.00 3.35 2,365.00 3.35
Other allowance 0.00 0.00 0.00 0.00
Allowance 5,375.00 7.62 5,375.00 7.62
Shipping Expense 0.00 0.00 0.00 0.00
Repair & Maint.Expense 0.00 0.00 0.00 0.00
Income tax expense 0.00 0.00 0.00 0.00
Supplies Expense 0.00 0.00 0.00 0.00
Rent Expense 0.00 0.00 0.00 0.00
Miscellaneous Expense 160.00 0.23 160.00 0.23
Transport Expense 0.00 0.00 0.00 0.00
Fuel Lubricant Expense 0.00 0.00 0.00 0.00
Interest Expense 0.00 0.00 0.00 0.00
Electricity Expense 500.00 0.71 500.00 0.71
Telephone Expense 1,270.00 1.80 1,270.00 1.80
Insurance Expense 0.00 0.00 0.00 0.00
Depr" Expense-Equipment 0.00 0.00 0.00 0.00