ABC Trading （公司名字）

Income Statement for the year ended 31 December 20x0

$ $ $
Revenue / Sales X
Less : Sales Returns / Returns Inwards 顾客退货 (X)
Net Sales XX

Less Cost of Sales 销售成本

Opening Inventory 去年带下来的剩货 X
Purchases X
Less : Purchases Returns / Returns Outwards 退货给供应商 (X) －
Trading Account
Net Purchases XX ＋
Carriage inwards 买货而付的运输费 X
Custom duty 关卡税 X
Insurance on purchases 买货而付的保险费 X
Cost of goods available for sales XX
XX
Less Closing Inventory 今年的存货 (X)
Cost of Sales (XX)
GROSS PROFIT / (LOSS) XX

Add : Other Income

Commission Received 佣金 X
Discount Received X ＋
Rent received X
Gain on disposal of fixed assets 卖掉资产所赚的 X
XX
XX
Less Expenses
Rent X
Commission X
Discount allowed X
Telephone charges X
Utilities 水电费 X －
Insurance X
Carriage outwards 运输费 X
Salaries 薪水 X
Loan interest 贷款利息 X
Property tax 地产税 X
General expenses X
Printing and stationery X
(XX)
Profit / (Loss) for the year XX
 ABC Trading （公司名字）
Statement of Financial position as at 31 December 20x0
$ $ $
Depr to
Cots NBV
date
Non-Current Assets
Buildings X (X) X
Premises X (X) X
Office equipment X (X) X
Machinery X (X) X
Motor Vehicle X (X) X
Furniture & Fittings X (X) X
X X X
Current Assets
Invemtory (Closing) X
Trade Receivables X
Less : Prov. for doubtful debts (X)
X
Bank X +
Cash X
Petty Cash X
Expenses prepaid X
Income accrued X
XX
Current Liabilities
Trade Payables X
Expenses accrued X +
Income in advance X
Bank overdraft X
(XX)
WORKING CAPITAL / NET CURRENT ASSETS XX
XX
Owner's Equity
Capital
Balance X
Add : Profit for the year X
XX
Add : additional capital X
XX MUST BE SAME
Less : Drawings (X)
XX
Non-current Liabilities
Bank loan X
Mortgage loan X
XX
Capital Employed XX
 Trading account（贸易事项-买和卖货物） Gross Profit /(Loss) 总利润
Income Statement
Profit & Loss account（公司的费用和收入） Profit / (Loss) for the year 净利润
Financial Statement
Statement of Financial Position (SOFP)