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    Page 394 Bookstore

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    The income statement for Page 394 Bookstore for the period ending June 30, 2017 shows total operating revenue of $54,153 from cash sales, charge sales, accounts receivable, and other revenue. Total operating expenses for the period were $58,057, including salaries and wages, accounts payable, loan payments, service charges, utilities, and rent. This resulted in a net loss of $1,704 for the period.

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    Page 394 Bookstore

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    The income statement for Page 394 Bookstore for the period ending June 30, 2017 shows total operating revenue of $54,153 from cash sales, charge sales, accounts receivable, and other revenue. Total operating expenses for the period were $58,057, including salaries and wages, accounts payable, loan payments, service charges, utilities, and rent. This resulted in a net loss of $1,704 for the period.

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    The income statement for Page 394 Bookstore for the period ending June 30, 2017 shows total operating revenue of $54,153 from cash sales, charge sales, accounts receivable, and other revenue. Total operating expenses for the period were $58,057, including salaries and wages, accounts payable, loan payments, service charges, utilities, and rent. This resulted in a net loss of $1,704 for the period.

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    Download as DOCX, PDF, TXT or read online from Scribd
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    35 views1 page

    Page 394 Bookstore

    Uploaded by

    api-360418028
    The income statement for Page 394 Bookstore for the period ending June 30, 2017 shows total operating revenue of $54,153 from cash sales, charge sales, accounts receivable, and other revenue. Total operating expenses for the period were $58,057, including salaries and wages, accounts payable, loan payments, service charges, utilities, and rent. This resulted in a net loss of $1,704 for the period.

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    © All Rights Reserved
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    Page 394 Bookstore

    Income Statement for the period ending June 30, 2017

    Operating Revenue

    Cash Sales $12,678.00

    Charge Sales 18,889.00

    Accounts Receivable 7,586.00

    Other Revenue 15,000.00

    Total Revenue $54,153.00

    Operating Expenses

    Salaries and Wages $25,000.00

    Accounts Payable 5,430.00

    Loan Payments 1,220.00

    Service Charges 9,123.00

    Utilities 3,656.00

    Rent 11,428.00

    Total Expenses $58,057.00

    Net Income ($1,704.00)

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