Accrual mode Profit and loss

Profit and lossProfit and loss
Saurav Pty Ltd
Accrual modeAccrual mode
01 Jul 2019 - 31 Jul 201901 Jul 2019 - 31 Jul 2019
Generated 25 Jan 2020
T o ta lT o ta l
Income
4-2400 Sales 88,570.00
Total IncomeTotal Income 88,570.0088,570.00
Less Cost of Sales
5-2800 Purchases 38,225.00
Total Cost of SalesTotal Cost of Sales 38,225.0038,225.00
Gross ProfitGross Profit 50,345.0050,345.00
Less Expense
6-1200 Advertising 4,090.91
6-1400 Bank charges 110.00
6-2000 Electricity & gas 2,100.00
6-2600 Insurance 1,000.00
6-2800 Interest paid 1,875.00
6-3200 Lease of equipment 3,717.27
6-3400 Motor vehicle expenses 500.00
6-3600 Office supplies 165.00
6-4000 Postage & courier 750.64
6-4200 Printing & stationery 500.00
6-4400 Sales commission 5,000.00
6-4800 Repairs & maintenance 227.27
6-5400 Superannuation expense 3,000.00
6-5600 Telephone 759.09
6-5800 Travel & accommodation 330.00
6-6200 Wages & salaries 37,000.00
Total ExpenseTotal Expense 61,125.1861,125.18
Operating ProfitOperating Profit - 10,780.18- 10,780.18
Plus Other Income
Total Other IncomeTotal Other Income 0.000.00
Less Other Expense
9-1000 Other expenses 500.00
Saurav Pty Ltd | Generated 25 Jan 2020 Page 1 of 2

T o ta lT o ta l
9-1001 Bad debt 3,630.40
Total Other ExpenseTotal Other Expense 4,130.404,130.40
Net ProfitNet Profit - 14,910.58- 14,910.58
Saurav Pty Ltd | Generated 25 Jan 2020 Page 2 of 2