prof or loss

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Date Process : 04/01/2024 7:52:34PM


Printed By : Pamintuan, Cariel

TECH WORLD CO.


#10 Gilmore Ave., cor. Aurora Blvd.
Brgy., Valencia, Quezon City
VAT Reg. TIN: 987-654-321-00000

PROFIT OR LOSS STATEMENT


Date : From 01/01/2024 to 12/31/2024

400000000000000 INCOME
40000000 INCOME
40001000 Sales and Service Revenue 737,111.61
Total INCOME : 737,111.61
Total INCOME : 737,111.61
500000000000000 COST OF SALES
55000000 COS RELATED ACCOUNTS
55001030 Losses from Inventory Differences 28,000.00
55001040 Gains from Inventory Differences (60,517.70)
Total COS RELATED ACCOUNTS : (32,517.70)
56000000 COST OF GOODS SOLD
56001000 Cost of Goods Sold 1,437,008.07
Total COST OF GOODS SOLD : 1,437,008.07
Total COST OF SALES : 1,404,490.37
Gross Profit : (667,378.76)
600000000000000 EXPENSES
60007000 ELECTRICITY & WATER
60007010 Electricity & Water 13,450.00
Total ELECTRICITY & WATER : 13,450.00
Total EXPENSES : 13,450.00
Operating Profit : (680,828.76)

Net Profit / (Loss) : (680,828.76)

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