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INCOME STATEMENT
For the Year Ended September 30, 2016
REVENUES
Salon Revenue ₱28,500
Total ₱28,500
EXPENSES
Salon Supplies Expense 10,200
Rent Expense 1,000
Light & Water Expense 900
Salaries Expense 800
Interest Expense 500
Total 13,400
NET INCOME ₱15,100