Example Financial Statement
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- Words: 76
- Pages: 1
Sales
3,00,000
Less: Sales Return
<10,000>
Total Sales
2,90,000
Less: Cost of Good Sold Inventory Beginning
20,000
Add: Purchases
1,50,000
Less: Purchase Return
<5,000>
Total Purchases
1,45,000 1,65,000
Add: Transportation - In
5,000
Cost of Good Available for Sale Less: Inventory Ending
1,70,000 30,000
Cost of Good
1,40,000
Gross Profit
1,50,000
Less: Other Expenses Salaries Expenses
25,000
General Expenses
5000
Insurance Expenses
3000
Depreciation Expenses
1000
Total Expenses
Net Income
1
Financial Statement Pattern
34,000
11,6000
3,00,000
Less: Sales Return
<10,000>
Total Sales
2,90,000
Less: Cost of Good Sold Inventory Beginning
20,000
Add: Purchases
1,50,000
Less: Purchase Return
<5,000>
Total Purchases
1,45,000 1,65,000
Add: Transportation - In
5,000
Cost of Good Available for Sale Less: Inventory Ending
1,70,000 30,000
Cost of Good
1,40,000
Gross Profit
1,50,000
Less: Other Expenses Salaries Expenses
25,000
General Expenses
5000
Insurance Expenses
3000
Depreciation Expenses
1000
Total Expenses
Net Income
1
Financial Statement Pattern
34,000
11,6000
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