COMPARATIVE STATEMENT OF FINANCIAL POSITION

For the Years Ended

2020 2021 2022

ASSETS
Current Assets
Cash on hand/bank
Inventory, End
Total Current Assets
Fixed Assets
Land
Building/ Building Improvements
Equipment
Furniture and Fixture
Service Vehicle
Less: Accumulated Depreciation
Total Non-current Assets (Net)
TOTAL ASSETS

LIABILITIES AND OWNER'S EQUITY

Liability
Accounts Payable
Owners Equity
Beg. Cap.
Add: Net Income
Less: Drawings
Total Owner's Equity
TOTAL LIABILITIES & CAPITAL
 COMPARATIVE INCOME STATEMENT
For the Years Ended
2020 2021 2022

Gross Sales
Less: Cost of Sales
Inventory Beginning
Add: Purchases
Total Goods Available forSale
Less: Inventory, End
Total Cost of Goods Sold
Gross Profit
Less: Operating Expenses
Utilities Expense
Transportation
Supplies
Salaries & Wages
Rent Expenses
Taxes & Licenses
Depreciation Expense
Total Expenses
NET INCOME