Abbey Michelle Rauto

JD Grocery shop PROFIT AND LOSS 1 July - 1 November, 2019 TOTAL Income Sales 326,571.42 Total Income PHP326,571.42 Cost of Sales Cost of sales 224,200.00 Total Cost of Sales PHP224,200.00 GROSS PROFIT PHP102,371.42 Expenses Amortisation expense 1,488.10 Communication Expense 1,330.35 Depreciation Expense 2,306.55 Lights and Water 1,730.34 Meals and entertainment 128.44 Office Supplies 2,678.57 Rent Expense 8,928.57 Salaries and Wages expenses 33,000.00 Taxes and Licenses 8,035.72 Total Expenses PHP59,626.64 Other Expenses Parking Fee 3.57 Total Other Expenses PHP3.57 NET EARNINGS PHP42,741.21 Accrual Basis Wednesday, 11 November 2020 05:46 PM GMT+08:00 1/1