Scribd Logo
Upload

Welcome to Scribd!

  • Template 37 Construction Company Profit and Loss Statement

    Uploaded by

    Ihin Solihin
    91 views1 page
    The construction company had a total income of $291 million from private and public construction contracts, service work, real estate, and businesses. Total job costs were $2 million, including direct labor, materials, subcontractors, and equipment rentals. Total expenses were $2.1 million, consisting of advertising, business meals, wages, overhead, utilities, supplies, legal/accounting, and vehicle costs. The company had an overall profit of $287 million.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The construction company had a total income of $291 million from private and public construction contracts, service work, real estate, and businesses. Total job costs were $2 million, including direct labor, materials, subcontractors, and equipment rentals. Total expenses were $2.1 million, consisting of advertising, business meals, wages, overhead, utilities, supplies, legal/accounting, and vehicle costs. The company had an overall profit of $287 million.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    91 views1 page

    Template 37 Construction Company Profit and Loss Statement

    Uploaded by

    Ihin Solihin
    The construction company had a total income of $291 million from private and public construction contracts, service work, real estate, and businesses. Total job costs were $2 million, including direct labor, materials, subcontractors, and equipment rentals. Total expenses were $2.1 million, consisting of advertising, business meals, wages, overhead, utilities, supplies, legal/accounting, and vehicle costs. The company had an overall profit of $287 million.

    Copyright:

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

    CONSTRUCTION COMPANY

    PROFIT AND LOSS STATEMENT

    INCOME
    Account Income description Amount
    3000251 Private Construction Contracts and Bids $1,400,000.00
    3000252 Public Works Construction Contracts and Bids $25,000,235.00
    3000258 Service Work and Ongoing Accounts $264,625,524.00
    3000275 Own Income-Producing Real Estate $250,450.10
    3000288 Own Income-Producing Businesses $55,000.00

    Total Income $291,331,209.10

    JOB COSTS
    Account Job description Amount
    4000210 Direct Labor $502,000.00
    4000211 Direct Labor Burden $201,000.00
    4000212 Materials $820,000.00
    4000214 Subcontractors $356,500.00
    4000215 Equipment Rentals $45,000.00
    4000216 Dump Fees $35,200.00
    4000226 Permits $31,000.00

    Total Job Costs $1,990,700.00

    EXPENSES
    Account Expense description Amount
    6000323 Advertising $502,000.00
    6000325 Business Meals $201,000.00
    6000335 Administrative Wages $820,000.00
    6000338 Overhead Labor Burden $356,500.00
    6000342 Telephone & Mobile Phone $45,000.00
    6000343 Utilities $35,200.00
    6000345 Office Supplies $31,000.00
    6000346 Legal & Accounting $31,000.00
    6000347 Bank Charges $31,000.00
    6000348 Gas, Oil & Repairs $31,000.00
    6000350 Vehicle License, Registration & Insurance $31,000.00

    Total Expenses $2,114,700.00

    PROFIT / LOSS:

    $287,225,809.10

    You might also like