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    This document summarizes the income statement for Scotty's Scuba Tours for a month and year. In the month, total income was $9,500 with expenses of $4,425, resulting in net income of $5,075. For the year, total income was $114,000 with expenses of $53,100 and net income of $60,900. The largest expenses were wages at 51.98% of total expenses and gasoline at 13.56% of expenses.

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    This document summarizes the income statement for Scotty's Scuba Tours for a month and year. In the month, total income was $9,500 with expenses of $4,425, resulting in net income of $5,075. For the year, total income was $114,000 with expenses of $53,100 and net income of $60,900. The largest expenses were wages at 51.98% of total expenses and gasoline at 13.56% of expenses.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    8 views2 pages

    Scuba

    Uploaded by

    api-390693135
    This document summarizes the income statement for Scotty's Scuba Tours for a month and year. In the month, total income was $9,500 with expenses of $4,425, resulting in net income of $5,075. For the year, total income was $114,000 with expenses of $53,100 and net income of $60,900. The largest expenses were wages at 51.98% of total expenses and gasoline at 13.56% of expenses.

    Copyright:

    © All Rights Reserved
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    of 2

    scotty's scuba tour

    Account mounth year


    Tours $ 5,800.00 $ 69,600.00
    rentals $ 3,700.00 $ 44,400.00
    total income $ 9,500.00 $ 114,000.00

    expenses expenses
    Rent $ 350.00 $ 4,200.00
    Wages $ 2,300.00 $ 27,600.00
    Insurance;
    Rent; 7.91%
    Repairs $ 400.00 $ 4,800.00 12.43%
    Utilities;
    Gasoline $ 600.00 $ 7,200.00 Advertising;
    3.39%
    1.69%
    Advertising $ 75.00 $ 900.00
    Gasoline;
    Utilities $ 150.00 $ 1,800.00 13.56%
    Insurance $ 550.00 $ 6,600.00
    Wa ges ;
    Total Expenses $ 4,425.00 $ 53,100.00 Repa irs ; 9.04% 51.98%

    net income $ 5,075.00 $ 60,900.00

    Rent Wages Repa irs G


    average expenses $ 632.14 $ 7,585.71
    Advertis i ng Util i ties Ins urance
    max expenses $ 2,300.00 $ 27,600.00
    lowest expenses $ 75.00 $ 900.00
    expenses

    Insurance;
    Rent; 7.91%
    12.43%
    Utilities;
    vertising;
    3.39%
    69%
    soline;
    56%

    Wa ges ;
    pa irs ; 9.04% 51.98%

    Wages Repa irs Gas ol i ne


    ng Util i ties Ins urance

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