Professional Documents
Culture Documents
EZ Problem Set No.3 - Problem1
EZ Problem Set No.3 - Problem1
Income Statement
Ended at June 2019
Revenues
Cash Sales P 470,000
Sales on Credit 7,500
Cost of Goods Sold 160,000
Total P 637,500
Expenses
Operating Expenses P 140,000
Utilities 6,800
Total P 146,800
Profit P 490,700