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Income Statement

The document is an income statement for A Moore for the year ended December 31, 20X6 showing sales, costs of goods sold, expenses and net profit.

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25 views2 pages

Income Statement

The document is an income statement for A Moore for the year ended December 31, 20X6 showing sales, costs of goods sold, expenses and net profit.

Uploaded by

fatima waqar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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From: Frank Wood Business Accounting 1

A Moore
Income Statement
For the year ended 31 December 20X6

Sales
Less Cost of goods sold
Purchases
Less Closing stock
Gross profit
Less Expenses
Salaries
Motor expenses
Rent
Insurance
General expenses
Net profit
December 20X6

£ 190,576.00

£ 119,832.00
£ 12,408.00 £ 107,424.00
£ 83,152.00

£ 56,527.00
£ 2,416.00
£ 1,894.00
£ 372.00
£ 85.00 £ 61,294.00
£ 21,858.00

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