Income statement
- 1. Income Statement
Revenue
Sales
Less: Cost of Goods Sold
Gross Profit
Add: Donation
Adjusted Gross Profit
Net Profit
$1050.00
$50.00
$1000.00
$1200.00
$2200.00
Product B
S. Price
$25.00
$18.00
Units
28
10
Rev
$700.00
$180.00
Product C
Less: Operating Expenses
Expenses A (Receipt Book)
Expenses B (Decoration)
Expenses C (Petrol Fees)
Total Operating Expenses
Product A
Product D
$2.00
$1.00
C. Price
$8.40
$12.60
$50.00
$71.00
$2129.00
Units
Rev
50
$100.00
70
$70.00
A(collar T-shirt) B(collarless T-shirt)
C(mineral water) D(Tissue paper)