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Income statement-campbell
1. SNACK - CAMPBELL SOUP COMPANY
For the Years Ending [Dec 31, 2012 and Dec 31, 2013]
Revenue
2013
2012
Sales revenue
210,000
105,000
(Less sales returns and allowances)
Service revenue
70,450
82,000
Interest revenue
Other revenue
Total Revenues
280,450
187,000
[42]
[42]
Expenses
Advertising
145,000
176,000
Bad debt
Commissions
Cost of goods sold
605,000
603,000
Depreciation
Employee benefits
Furniture and equipment
80,000
Insurance
Interest expense
42,000
52,000
Maintenance and repairs
Office supplies
Payroll taxes
Rent
Research and development
Salaries and wages
75,000
25,000
Software
Travel
Utilities
Web hosting and domains
Other
174,600
Total Expenses
1,041,600
936,000
Net Income Before Taxes
(761,150)
(749,000)
Income tax expense
14,936
9,920
Income from Continuing Operations
(746,214)
(739,080)
{42}
[42]
Below-the-Line Items
Income from discontinued operations
Effect of accounting changes
Extraordinary items
Net Income
(746,214)
(739,080)
Income Statement
![SNACK - CAMPBELL SOUP COMPANY
For the Years Ending [Dec 31, 2012 and Dec 31, 2013]
Revenue
2013
2012
Sales revenue
210,000
105,000
(Less sales returns and allowances)
Service revenue
70,450
82,000
Interest revenue
Other revenue
Total Revenues
280,450
187,000
[42]
[42]
Expenses
Advertising
145,000
176,000
Bad debt
Commissions
Cost of goods sold
605,000
603,000
Depreciation
Employee benefits
Furniture and equipment
80,000
Insurance
Interest expense
42,000
52,000
Maintenance and repairs
Office supplies
Payroll taxes
Rent
Research and development
Salaries and wages
75,000
25,000
Software
Travel
Utilities
Web hosting and domains
Other
174,600
Total Expenses
1,041,600
936,000
Net Income Before Taxes
(761,150)
(749,000)
Income tax expense
14,936
9,920
Income from Continuing Operations
(746,214)
(739,080)
{42}
[42]
Below-the-Line Items
Income from discontinued operations
Effect of accounting changes
Extraordinary items
Net Income
(746,214)
(739,080)
Income Statement](https://image.slidesharecdn.com/income-statement-campbell-141113110504-conversion-gate01/85/Income-statement-campbell-1-320.jpg)
