Proyektong Abot-Kamay

Income Statement
For the Week Ended February 21, 2020

Sales Revenue 2510

Cost of Goods Sold 1750
Gross Profit 760
Other Gains and Losses
Gains from Solicitation 350
Net Income 1110

Proyektong Abot-Kamay
Projected Income Statement
For the Week Ended February 28, 2020

Sales Revenue 4830

Cost of Goods Sold 3220
Gross Profit 1610
Other Gains and Losses
Gains from Solicitation 2500
Net Income 4110

Proyektong Abot-Kamay
Statement of Financial Position
As of February 21, 2020

Assets
Cash 2860
Inventory 4370
Total Assets 7230

Liabilities
Payables to Owners 6120

Owner's Equity
Capital 1110
Total Owner's Equity and Liabilities 7230