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  • Sample of Income Statement

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    Kent Elijah Aniñon
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    Sugar Babies Co. generated ₱1,500,000 in service revenues for the year ended December 31, 2022. Total expenses were ₱589,000 which included utility, charitable contribution, rent, and salaries expenses. This resulted in a profit of ₱911,000 for the year.

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    Sugar Babies Co. generated ₱1,500,000 in service revenues for the year ended December 31, 2022. Total expenses were ₱589,000 which included utility, charitable contribution, rent, and salaries expenses. This resulted in a profit of ₱911,000 for the year.

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

    Sample of Income Statement

    Uploaded by

    Kent Elijah Aniñon
    Sugar Babies Co. generated ₱1,500,000 in service revenues for the year ended December 31, 2022. Total expenses were ₱589,000 which included utility, charitable contribution, rent, and salaries expenses. This resulted in a profit of ₱911,000 for the year.

    Copyright:

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

    Sugar Babies Co.

    Income statement
    for the year ended December 31, 2022

    Service Revenues ₱1,500,000


    Less: Expenses
    Utility expense ₱89,000.00
    Charitable Contribution Expense ₱80,000.00
    Rent Expenses ₱220,000.00
    Salaries Expense ₱200,000.00
    Total Expenses ₱589,000.00
    Profit ₱911,000

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