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    Demo Company NZ - Profit and Loss

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    Lowind Tawi
    Demo Company's profit and loss statement for February 2021 shows total trading income of $15,109.43 with gross profit of $14,379. Sales increased from January 2021 but purchases also rose, resulting in a higher gross profit than the previous month. Operating expenses decreased to $4,454.27 from $8,269.38 in January, leading to a net profit of $9,924.73 for February 2021, significantly higher than the $1,069.43 profit in January.

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    Demo Company NZ - Profit and Loss

    Uploaded by

    Lowind Tawi
    18 views1 page
    Demo Company's profit and loss statement for February 2021 shows total trading income of $15,109.43 with gross profit of $14,379. Sales increased from January 2021 but purchases also rose, resulting in a higher gross profit than the previous month. Operating expenses decreased to $4,454.27 from $8,269.38 in January, leading to a net profit of $9,924.73 for February 2021, significantly higher than the $1,069.43 profit in January.

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    Demo Company's profit and loss statement for February 2021 shows total trading income of $15,109.43 with gross profit of $14,379. Sales increased from January 2021 but purchases also rose, resulting in a higher gross profit than the previous month. Operating expenses decreased to $4,454.27 from $8,269.38 in January, leading to a net profit of $9,924.73 for February 2021, significantly higher than the $1,069.43 profit in January.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    18 views1 page

    Demo Company NZ - Profit and Loss

    Uploaded by

    Lowind Tawi
    Demo Company's profit and loss statement for February 2021 shows total trading income of $15,109.43 with gross profit of $14,379. Sales increased from January 2021 but purchases also rose, resulting in a higher gross profit than the previous month. Operating expenses decreased to $4,454.27 from $8,269.38 in January, leading to a net profit of $9,924.73 for February 2021, significantly higher than the $1,069.43 profit in January.

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    Profit and Loss

    Demo Company (NZ)


    For the month ended 28 February 2021
    FEB 2021 JAN 2021 DEC 2020

    Trading Income
    Sales 15,109.43 10,643.16 5,865.02
    Total Trading Income 15,109.43 10,643.16 5,865.02

    Cost of Sales
    Purchases 730.43 1,304.35 -
    Total Cost of Sales 730.43 1,304.35 -

    Gross Profit 14,379.00 9,338.81 5,865.02

    Operating Expenses
    Advertising 2,173.91 6,916.30 -
    Bank Fees - - 30.00
    Cleaning - - 103.55
    Consulting & Accounting 49.00 49.00 49.00
    Entertainment 19.13 - 27.48
    Freight & Courier 100.02 - -
    General Expenses 113.04 29.65 43.48
    Light, Power, Heating 188.86 - 118.13
    Motor Vehicle Expenses 357.70 129.13 188.22
    Office Expenses 51.77 51.77 86.35
    Printing & Stationery 42.78 25.65 18.88
    Rent 1,027.17 1,027.17 1,027.17
    Repairs and Maintenance 60.43 - 924.83
    Subscriptions 12.96 - 1,272.94
    Telephone & Internet 47.07 40.71 39.06
    Travel - National 210.43 - 30.35
    Total Operating Expenses 4,454.27 8,269.38 3,959.44

    Net Profit 9,924.73 1,069.43 1,905.58

    Profit and Loss Demo Company (NZ)

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