Profit and Loss Assignment 2022

Profit and Loss 11649252-VAMSI VEERABATHULA
Profit and Loss
11649252-VAMSI VEERABATHULA
For the month ended 31 July 2019 JUL 2019
Trading Income
Sales – Accessories 50,520.00
Sales – Clothing 18,495.00
Total Trading Income 69,015.00
Cost of Sales
Cost of Sales – Accessories 12,900.00
Cost of Sales – Clothing 12,330.00
Total Cost of Sales 25,230.00
Gross Profit 43,785.00
Operating Expenses
Advertising 3,900.00
Printing & Stationery 1,300.00
Rent 3,000.00
Wages and Salaries 4,100.00
Total Operating Expenses 12,300.00
Net Profit 31,485.00