BUSSINES NAME "HELDEN KRIEGSMARINE"

profit and loss statement from jaunary1st to december 31st of year "x"
Total sales 785,000.00
2→3 Discounts on sales 3,000.00 3,000.00
4 Net sales 782,000.00
3 Initial inventory 800,000.00
2 Total purchases 600,000.00
1 →2 Discount on purchases 2,000.00 2,000.00
3 Net purchases 598,000.00
3 Total sum of merchandise 1,398,000
3 Less: final inventory 755,400.00
cost of sold ###
4 Gross profit ###
→Sales expenses:
shopping expences 400
agent and dependent salaries 45,000.00
1 Propaganda 60,000.00
freigth and shipments of merch sold 3,000.00
1 Light consumption 3,000.00 111400
→ Administration expenses:
1 Office rent 20,000.00
1 Salaries of office staff 60,400.00
1 Stationery and supplies 5,000.00
1 →2→3 electrical consumption 2,300.00 87,700.00 199,100.00
→Financial products:
warehouse income 18,000.00 18,000.00
→Financial expenses:
1→2,3,4 Situation expenses 1,000.00 1,000.00 17,000.00 182,100.00
Loss operation ###
→Other expenses:
2 Loss on furniture sales 8,000.00 8,000.00
→Other products:
profit on sale of shares and values 7,000.00 7,000.00 1,000.00
LOSS OF EXCERCISE ###

signature:

maded by: Daniel francisco carrillo