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Profit & Loss
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Revenues$3,562.50
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Expenses
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Advertising (8521)$40.00
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Meals and entertainment (8523)$0.00
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Bad debts (8590)$0.00
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Insurance (8690)$0.00
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Interest and bank charges (8710)$60.00
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Business taxes, licences, and memberships (8760)$0.00
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Office expenses (8810)$1,010.40
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Office stationery and supplies (8811)$41.99
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Professional fees (includes legal and accounting fees) (8860)$250.00
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Management and administration fees (8871)$0.00
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Rent (8910)$0.00
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Repairs and maintenance (8960)$0.00
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Salaries, wages, and benefits (including employer's contributions) (9060)
$0.00
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Property taxes (9180)$0.00
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Travel expenses (9200)$0.00
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Utilities (9220)$0.00
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Fuel costs (except motor vehicles) (9224)$0.00
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Delivery, freight, and express (9275)$0.00
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Motor vehicle expenses (not including CCA) (9281)$0.00
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Capital cost allowance (CCA) (9936)$0.00
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Other expenses (9270)$0.00
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Net income (loss) before adjustments (9369)$0.00
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Total Expenses$1,402.39
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Taxable Income$2,160.11
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* Template provided free of charge by SKOW Business Services Inc. This spreadsheet is provided as-is and does not constitute legal or financial advice. Contact us for tax help at https://skow.ca!
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