Friday, October 10, 2014

Income Statement Sample

This is a sample Income statement, company name and all the figures are Imaginary.

                      XYZ Company
                   Income Statement
              For the year ended 20XX 
         Particulars                               BDT               BDT
Sales ----------------------------------------------------------------- 100
Less: Sales Return------------------------------02
         Sales discount----------------------------01---------------03
Sales (Net)------------------------------------------------------------97
Less: Cost of goods sold---------------------------------------30
_________________________________________________________________
Gross Profit-----------------------------------------------------------67

Less: Operating Expenses:
        Administrative Expenses:
        Office Salaries------------------------------01
        Insurance Expense-----------------------01
        Utility Expense-----------------------------01
        Depreciation of Office Building--------01
        Depreciation of Office Furniture-------01
        Depreciation of Office Equipment-----01
        Miscellaneous Office Expense--------01
        Office supplies Expense----------------01-----------------08
        Selling and Marketing Expenses:
        Sales salaries and commissions--------01
        Depreciation on Sales equipment-------01
        Traveling Expense----------------------------01
        Advertising Expense-------------------------01
        Entertainment Expense--------------------01
        Telephone Expense--------------------------01-------------06
_____________________________________________________________________
Income from Operations:--------------------------------------53
Other Revenues and Gains:
        Dividend Income-----------------------------02
        Rent Income----------------------------------01
        Interest Income------------------------------02--------------05
______________________________________________________________________
Other Expenses and losses:
        Interest on Bonds------------------------------02
        Interest on Notes------------------------------01------------03
_______________________________________________________________________
Income before Tax:------------------------------------------------55
       Income Tax-------------------------------------------------------20
________________________________________________________________________
Net Income: ----------------------------------------------------------35
















       

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