Revenue Gross sales $0 $0 Less: Sales returns & rebates 0 0 Net Sales $0 $0 Cost of Goods Sold Beginning inventory $0 $0 Purchases 0 0 Freight 0 0 Direct labor 0 0 Indirect expenses 0 0 $0 $0 Less: Ending inventory 0 0 Total Cost of Goods Sold $0 $0 Gross Profit (Loss) $0 $0 Expenses Operations Office rent & utilities $0 $0 Internet connection & hosting 0 0 Telephone service 0 0 Salaries & wages 0 0 Office supplies 0 0 Postage 0 0 Office equipments (amortization) 0 0 Vehicle expenses 0 0 Equipments (amortization) 0 0 Maintenance 0 0 Delivery expenses 0 0 Other: 0 0 Total Operations $0 $0 Finance & Administration Salaries & wages $0 $0 Employee training 0 0 Professional fees 0 0 Bank charges 0 0 Credit card fees 0 0 Insurance 0 0 Payroll taxes 0 0 Permits & licenses 0 0 Taxes 0 0 Bad debts 0 0 LAST YEAR CURRENT YEAR YOUR COMPANY NAME Income Statement For the Year Ending on: DD/MM/YY
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