Benilde Prints Design

Income Statement
As Of November 31,2016

Revenues
Capitalization P150.000.00
Total Revenues P150.000.00

Expenses
Rent Expense P5.000.00
Equipment Expense P3.000.00
Supplies Expense P5.000.00
Utilities Expense P2,000.00
Total Expense P(15,000.00)
Cash In Bank P135,000.00
 Benilde Prints & Design
Income Statement
As Of March 31, 2017

Revenues
Capitalization P110,000.00
Sales Income from Business P5,000000
Total Revenues P115,000.00

Expenses
Bank Charges P17,000.00
Insurance Expense P24,000.00
Lease Expense P5,000.00
Promotion Expense P6,000.00
Total Expense P(52,000.00)
Cash In Bank P63,000.00