Profit and Loss Statement Template

	B	C	D	E
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2		www.MSOfficeGeek.com
3		Simple Profit and Loss Statement Template
4		(Excel, OpenOffice Calc & Google Sheet)
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6	Profit and Loss Statement As On		Dec-21
7	Income		Amount	Total
8	Gross Sales		$ 1,254,000
9	- Goods Return		$ 134,700
10	- Discounts		$ 53,000
11	- Bad Debts		$ 56,000
12	- Cost of Goods Sold - COGS		$ 652,400
13	Income From Revenue			$ 357,900
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15	Other Income
16	Interest Recived on Balance Accounts		$ 25,000
17	Rental Income from Properties		$ 15,000
18	Income from Miscellaneous Sources		$ 5,000
19	Income from Other Sources			$ 45,000
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21	Gross Income			$ 402,900
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23	Expenses
24	Payroll Expenses		$ 85,000
25	Advertising Expenses		$ 5,000
26	Marketing Expenses		$ 6,000
27	Office Expenses		$ 15,000
28	Utilities		$ 5,000
29	Licence Fees		$ 2,000
30	Interest Paid on Loans		$ 2,500
31	Insurance Premiums		$ 1,000
32	Other Miscellaneous Expenses		$ 500
33	Total Expenses			$ 122,000
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35	Profit Before Taxes			$ 280,900
36	Less Income Tax			$ 15,000
37	Net Profit /Loss After Tax			$ 265,900
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