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  • Kapians Ventures Inc. Income Statement

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    Lugtu Rhaine
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    Kapians Ventures Inc. operated a restaurant and store that generated a total of $486,120 in sales for the restaurant and $277,468 for the store in January 2015. Total operating expenses for both were $215,343, resulting in an operating loss of $9,161. However, rental income of $2,950 reduced the overall net loss to $6,211 for the month.

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    Income Statement

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    Kapians Ventures Inc. operated a restaurant and store that generated a total of $486,120 in sales for the restaurant and $277,468 for the store in January 2015. Total operating expenses for both were $215,343, resulting in an operating loss of $9,161. However, rental income of $2,950 reduced the overall net loss to $6,211 for the month.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    14 views2 pages

    Kapians Ventures Inc. Income Statement

    Uploaded by

    Lugtu Rhaine
    Kapians Ventures Inc. operated a restaurant and store that generated a total of $486,120 in sales for the restaurant and $277,468 for the store in January 2015. Total operating expenses for both were $215,343, resulting in an operating loss of $9,161. However, rental income of $2,950 reduced the overall net loss to $6,211 for the month.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    KAPIANS VENTURES INC.

    INCOME STATEMENT

    For the Month Ended January 31, 2015

    RESTAURANT
    Sales
    Less:Cost of Sales
    Inventory, Beginning
    Purchases
    Goods Available for Sale
    Less:Inventory, End
    Cost of Sales

    208,652.14
    19,758.77
    100,446.63
    120,205.40
    6,687.47
    113,517.93

    Gross Income
    95,134.21
    Less:Operating Expenses
    Security Services
    Electricity and Water
    Rent Expense
    Telephone
    Store and Office Supplies
    Staff Allowance
    Repairs & Maintenance
    Transportation and Travel
    Taxes and Licenses
    Total Operating Expense
    Operating Loss
    Add:Other Income
    Rental Income (Bro Noel Soriano and Poweplus)
    NET LOSS FOR THE MONTH

    STORE

    TOTAL

    277,468.13 486,120.27
    411,793.18
    156,576.10
    568,369.28
    401,948.84

    431,551.95
    257,022.73
    688,574.68
    408,636.31

    166,420.44 279,938.37
    111,047.69 206,181.90
    28,000.00
    48,004.26
    60,973.77
    1,337.50
    19,384.73
    56,570.00
    66.96
    1,006.00
    0.00
    215,343.22
    (9,161.32)
    2,950.00
    -6,211.32

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