BENIFREDO W. TAN
Kabasalan, Zamboanga Sibugay
INCOME STATEMENT
For the year ended December 31, 2023
REVENUES
GROSS SALES
Less: Sales Returns/Allowance
Net Sales
Cost of Goods Sold:
Purchases
Delivery Charges
Cost of Goods Sold:
Gross Sales Profit (Loss)
OPERATING EXPENSES
Salaries and Wages
Weeding and Upkeep
Transportation and Travelling
Taxes and Licenses
Depreciation
Fertilizer/Pesticide
Light and Water
Total Operating Expenses:
NET INCOME/LOSS
P
P
P
3,405,000.00
825,600.00
2,579,400.00
0
0
0
2579400
P
325,000.00
100,000.00
28,100.00
32,100.00
250,000.00
180,700.00
27,800.00
P
P
943,700.00
1,635,700.00