Company Name

Profit and Loss Statement

Years Ending:

Revenue 2016 2015

Sales revenue ₹ 150,000 ₹ 175,000
(Less sales returns and allowances)
Service revenue ₹ 50,500 ₹ 75,000
Interest revenue
Other revenue
Total Revenues ₹ 200,500 ₹ 250,000

Expenses 2016 2015

Advertising ₹ 500 ₹ 450
Bad debt
Commissions
Cost of goods sold ₹ 55,000 ₹ 75,000
Depreciation
Employee benefits
Furniture and equipment
Insurance
Interest expense ₹ 2,000 ₹ 2,500
Maintenance and repairs
Office supplies
Payroll taxes
Rent
Research and development
Salaries and wages ₹ 65,000 ₹ 85,000
Software
Travel
Utilities
Web hosting and domains
Other
Total Expenses ₹ 122,500 ₹ 162,950

Net Income Before Taxes ₹ 78,000 ₹ 87,050

Income tax expense ₹ 7,800 ₹ 8,705

Net Income ₹ 70,200 ₹ 78,345

 Company Name

Profit and Loss Statement

For the Year: 2018

Revenue Jan Feb Mar Apr

Sales revenue ₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000
(Less sales returns and allowances)
Service revenue ₹ 50,500 ₹ 50,500 ₹ 50,500 ₹ 50,500
Interest revenue
Other revenue
Total Revenues ₹ 200,500 ₹ 200,500 ₹ 200,500 ₹ 200,500

Expenses Jan Feb Mar Apr

Advertising ₹ 500 ₹ 500 ₹ 500 ₹ 500
Bad debt
Commissions
Cost of goods sold ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000
Depreciation
Employee benefits
Furniture and equipment
Insurance
Interest expense ₹ 2,000 ₹ 2,000 ₹ 2,000 ₹ 2,000
Maintenance and repairs
Office supplies
Payroll taxes
Rent
Research and development
Salaries and wages ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000
Software
Travel
Utilities
Web hosting and domains
Other
Total Expenses ₹ 122,500 ₹ 122,500 ₹ 122,500 ₹ 122,500

Net Income Before Taxes ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000

Income tax expense

Net Income ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000

 May Jun Jul Aug Sep Oct Nov
₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000

₹ 50,500 ₹ 50,500 ₹ 50,500 ₹ 50,500 ₹ 50,500 ₹ 50,500 ₹ 50,500

₹ 200,500 ₹ 200,500 ₹ 200,500 ₹ 200,500 ₹ 200,500 ₹ 200,500 ₹ 200,500

May Jun Jul Aug Sep Oct Nov

₹ 500 ₹ 500 ₹ 500 ₹ 500 ₹ 500 ₹ 500 ₹ 500

₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000

₹ 2,000 ₹ 2,000 ₹ 2,000 ₹ 2,000 ₹ 2,000 ₹ 2,000 ₹ 2,000

₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000

₹ 122,500 ₹ 122,500 ₹ 122,500 ₹ 122,500 ₹ 122,500 ₹ 122,500 ₹ 122,500

₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000

₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000

 Dec 2018
₹ 150,000 ₹ 1,800,000
₹ -
₹ 50,500 ₹ 606,000
₹ -
₹ -
₹ 200,500 ₹ 2,406,000

Dec 2018
₹ 500 ₹ 6,000
₹ -
₹ -
₹ 55,000 ₹ 660,000
₹ -
₹ -
₹ -
₹ -
₹ 2,000 ₹ 24,000
₹ -
₹ -
₹ -
₹ -
₹ -
₹ 65,000 ₹ 780,000
₹ -
₹ -
₹ -
₹ -
₹ -
₹ 122,500 ₹ 1,470,000

₹ 78,000 ₹ 936,000
₹ 75,000

₹ 78,000 ₹ 861,000