Scribd Logo
Upload

Welcome to Scribd!

  • 33 views

    Particulars 2021 (RS) 2022 (RS) 2023 (RS) : Income Statement

    Uploaded by

    Lucas lopez
    The document contains financial statements - an income statement, cash flow statement, and balance sheet - for the years 2021 through 2023 for a company. The income statement shows revenues increasing each year from about $943,000 to $1.2 million, with net income growing from $161,000 to $219,000. The cash flow statement indicates improving net cash flow each year from $137,000 to $173,000. The balance sheet reveals total assets increasing from $222,000 to $541,000, with equity rising as retained earnings turn positive.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Particulars 2021 (RS) 2022 (RS) 2023 (RS) : Income Statement

    Uploaded by

    Lucas lopez
    33 views3 pages
    The document contains financial statements - an income statement, cash flow statement, and balance sheet - for the years 2021 through 2023 for a company. The income statement shows revenues increasing each year from about $943,000 to $1.2 million, with net income growing from $161,000 to $219,000. The cash flow statement indicates improving net cash flow each year from $137,000 to $173,000. The balance sheet reveals total assets increasing from $222,000 to $541,000, with equity rising as retained earnings turn positive.

    Original Description:

    Original Title

    bakery finance

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document contains financial statements - an income statement, cash flow statement, and balance sheet - for the years 2021 through 2023 for a company. The income statement shows revenues increasing each year from about $943,000 to $1.2 million, with net income growing from $161,000 to $219,000. The cash flow statement indicates improving net cash flow each year from $137,000 to $173,000. The balance sheet reveals total assets increasing from $222,000 to $541,000, with equity rising as retained earnings turn positive.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    33 views3 pages

    Particulars 2021 (RS) 2022 (RS) 2023 (RS) : Income Statement

    Uploaded by

    Lucas lopez
    The document contains financial statements - an income statement, cash flow statement, and balance sheet - for the years 2021 through 2023 for a company. The income statement shows revenues increasing each year from about $943,000 to $1.2 million, with net income growing from $161,000 to $219,000. The cash flow statement indicates improving net cash flow each year from $137,000 to $173,000. The balance sheet reveals total assets increasing from $222,000 to $541,000, with equity rising as retained earnings turn positive.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 3

    Particulars 2021 (Rs) 2022 (Rs) 2023 (Rs)

    Sales 943,882 1,085,465 1,248,285

    Cost of goods sold 311,481 358,203 411,934

    Gross Profit 632,401 727,262 836,351

    Expenses

    Payroll 236,592 301,512 307,512


    Sales and Marketing and Other
    55,897 75,564 85,291
    Expenses
    Leased equipment 2,004 2,004 2,004

    Professional fees accounting 2,004 2,400 3,000

    Professional fees legal 2,004 2,400 3,000

    Licences and permits 996 1,152 1,320

    Office Supplies 2,004 3,200 4,800

    Postage 996 2,300 3,300

    Utilities 20,004 21,996 22,992

    Insurance 15,000 18,000 21,600

    Rent 36,000 36,000 36,000

    Total Operating expenses 373,501 466,528 490,819

    Net income before tax 258,900 260,734 345,532

    Tax incurred 97,775 98,751 125,871

    Net income 161,123 161,981 219,659


    Income statement

    Cash Flow statement


    Particulars 2021 (Rs) 2022 (Rs) 2023 (Rs)

    Cash Received

    Cash from Operations

    Cash Sales 943,882 1,085,465 1,248,285

    Subtotal Cash from Operation 943,882 1,085,465 1,248,285

    Additional Cash received 0 0 0

    Subtotal Cash Received 943,882 1,085,465 1,248,285

    Expenditures

    Expenditures from Operations

    Cash Spending 236,592 301,512 307,512

    Bill Payments $524,954 $592,064 $712,965

    Subtotal Spent on Operations 761,546 893,576 1,020,477

    Additional Cash Spent


    Long-term Liabilities Principal
    22,950 24,607 26,388
    Repayment
    Dividends $22,200 $22,200 $27,750

    Subtotal Cash Spent 806,696 940,383 1,074,615

    Net Cash Flow 137,186 145,082 173,670

    Cash Balance 222,186 367,268 540,938

    Balance Sheet
    Particulars 2021 (Rs) 2022 (Rs) 2023 (Rs)

    Assets

    Current Assets

    Cash 222,186 367,268 540,938

    Other Current Assets

    Total Current Assets 222,186 367,268 540,938

    Long-term Assets 0 0 0

    Accumulated Depreciation 0 0 0

    Total Long-term Assets 0 0 0

    Total Assets 222,186 367,268 540,938

    Liabilities and capital

    Current liabilities

    Accounts payable 21,213 51,121 59,270

    Current borrowing 0 0 0

    Subtotal current liabilities 21,213 51,121 59,270

    Lont-term Liabilities 177,050 152,443 126,055

    Total Liabilities 198,263 203,564 185,325

    Paid-in-Capital 185,000 185,000 185,000

    Retained Earnings (322,200) (183,277) (49,046)

    Earnings 161,123 161,981 219,659

    Total Capital 23,923 163,704 355,613

    Total Liabilities and Capital 222,186 367,268 540,938

    You might also like