Income Statement for ABC Company the year ending 31/12/2018
Revenue
X
(-) Cost of Goods Sold
Opening Inventory
X
(+) Purchases
X
(-) Closing Inventory
X
Cost of Goods Sold
X
Gross Profit
X
(-) Expenses
Rent
X
Wages
X
Utilities
X
Depreciation
X
X
Profit
X