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  • Financial Statement TEMPLATE 2022

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    jeraldyu132
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    The balance sheet shows total assets of $0 equal to total liabilities of $0 and owners' equity of $0. The revenue statement for the given period shows net sales of $3,580 with a gross profit of $2,861 after costs of goods sold. Total operating income was $2,940 including other income. Expenses totaled $1,680 leading to a net profit of $1,260 for the period.

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    The balance sheet shows total assets of $0 equal to total liabilities of $0 and owners' equity of $0. The revenue statement for the given period shows net sales of $3,580 with a gross profit of $2,861 after costs of goods sold. Total operating income was $2,940 including other income. Expenses totaled $1,680 leading to a net profit of $1,260 for the period.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    4 views3 pages

    Financial Statement TEMPLATE 2022

    Uploaded by

    jeraldyu132
    The balance sheet shows total assets of $0 equal to total liabilities of $0 and owners' equity of $0. The revenue statement for the given period shows net sales of $3,580 with a gross profit of $2,861 after costs of goods sold. Total operating income was $2,940 including other income. Expenses totaled $1,680 leading to a net profit of $1,260 for the period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 3

    Balance Sheet for …....... As at …..........

    ASSETS $ LIABILITIES $
    Current Assets 0 Current Liabilities 0

    Non-Current Assets 0 Non-Current Liabilities 0

    TOTAL LIABILITIES 0

    OWNERS' EQUITY

    TOTAL OWNERS' EQUITY 0

    TOTAL 0 TOTAL 0
    Revenue Statement for …........ For the period …..... To …........
    $ $ $
    Sales 3580

    NET SALES 3580

    COGS 719
    Opening stock 4500
    Purchases 1189
    Closing stock 5050

    GROSS PROFIT 2861

    Other Income 79
    Interest received 79

    TOTAL OPERATING INCOME 2940

    Expenses 1680
    Selling & Distribution 487
    Freight in
    Advertising 167
    Delivery expenses 320

    General & Administrative 1193


    Wages 965
    Discount allowed 58
    Insurance 170

    Financial 0

    NET PROFIT 1260

    Tax Paid

    Net Profit After Tax 1260


    J

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