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    Income Statement - Brillare - Singlestep 1

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    Income Statement - Brillare - Singlestep 1

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    api-434210060
    66 views2 pages

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    income statement - brillare - singlestep 1

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    66 views2 pages

    Income Statement - Brillare - Singlestep 1

    Uploaded by

    api-434210060

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Brillare Income Statement

    For period Ending [March 15, 2019, and Apr 30, 2019] Income Statement Template
    © 2008 Vertex42 LLC

    Revenue 2019(Proj.) 2019(Actual) [42]

    Sales revenue ( 1,338,500) ( 1,129,182)


    (Less sales returns and allowances) ( (1,000) ( -)
    Cost of goods sold ( (298,176) ( (53,822)
    Gross Profit ( 1,039,324) ( 1,075,360)
    [42] [42]

    [42]
    Expenses
    Advertising ( 10,000) ( -)
    Depreciation ( 17,500) ( 17,500)
    Furniture and equipment ( 43,250) ( 43,250)
    Insurance ( 903) ( 903)
    Interest expense ( 6,075) ( 6,075)
    Office supplies ( 10,000) ( 10,000)
    Social Security Expense 20,150 32,971
    Medicare Expense ( 4,713) ( 7,711)
    Rent ( 23,331) ( 23,331)
    Salaries Expense ( 325,000) ( 401,139)
    Utilities ( 4,550) ( 4,550)
    Total Expenses ( 465,472) ( 547,430)

    Net Income Before Taxes ( 573,852) ( 527,930)


    Income tax expense ( 120,509) ( 110,865)

    Income from Continuing Operations ( 453,343) ( 417,064)

    Net Income ( 453,343) ( 417,064)


    ment Template

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