Profit and Loss Account
ABC Limited
Profit and Loss Account for the year ended 31st March 2018
US$
US$
Turnover
678,930
Direct costs
-106,732
Gross profit
572,198
Administrative expenses
Accounting fee
Audit fee
Company secretarial fees
Consultancy fee
Directors Emoluments
Entertainment
Rent
Repairs and maintenance
Salaries
Stamp duty
Sundry
Telecommunications
Travel
Utilities
Vehicle expenses
12,000
5,000
3,500
4,850
39,000
5,891
24,-,-,-,391
Net Profit
389,807