GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH JANUARY 31 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

30,000
30,000

COST OF GOODS SOLD

22,500

GROS PROFIT

7,500

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
75
125
3600

NET INCOME

3,900

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH FEBUARY 29 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

32,000
32,000

COST OF GOODS SOLD

24,000

GROS PROFIT

8,000

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
65
115
3,580

NET INCOME

4,420

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH MARCH 31 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

29,500
29,500

COST OF GOODS SOLD

23,500

GROS PROFIT

6,000

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
85
120
3,605

NET INCOME

2,395

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH APRIL30 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

30,350
30,350

COST OF GOODS SOLD

23,200

GROS PROFIT

7,150

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
105
150
3,655

NET INCOME

3,495

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH MAY 31 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

28,900
28,900

COST OF GOODS SOLD

22,550

GROS PROFIT

6,350

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
100
130
3,630

NET INCOME

2,750

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH JUNE 30 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

29,150
29,150

COST OF GOODS SOLD

22,100

GROS PROFIT

7,050

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
55
85
3,540

NET INCOME

3,510

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH JULY 31 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

44,800
44,800

COST OF GOODS SOLD

37,400

GROS PROFIT

7,400

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
80
130
3,610

NET INCOME

3,790

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH JULY 31 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

53,200
53,200

COST OF GOODS SOLD

47,350

GROS PROFIT

5,850

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
50
70
3,520

NET INCOME

2,330

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH AUGUST 31 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

45,500
45,500

COST OF GOODS SOLD

37,500

GROS PROFIT

8,000

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
75
135
3,610

NET INCOME

4,390

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH SEPTEMBER 30 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

26,500
26,500

COST OF GOODS SOLD

19,500

GROS PROFIT

7,000

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
80
120
3,600

NET INCOME

3,400

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH OCTOBER 30 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

65,300
65,300

COST OF GOODS SOLD

58,500

GROS PROFIT

6,800

EXPENSES
Salary Expense
Rent Expense
Electricity Expense
Utility Expense
TOTAL EXPENSE

3,000
400
100
150
3,650

NET INCOME

3,150

GENERAL TRADING COMPANY

INCOME STATEMENT
FOR THE MONTH NOVEMBER 30 2016
REVENUE
SALES REVENUE
TOTAL REVENUE

46,800
46,800

COST OF GOODS SOLD

40,500

GROS PROFIT

6,300

EXPENSES
Salary Expense
Rent Expense
Electricity Expense

3,000
400
70

Utility Expense
TOTAL EXPENSE

110
3,580

NET INCOME

2,720