projected profit and loss, projected balance sheet, projected cash flow

Personal and
Professional
Development
[Reflective Report]

Table of Contents
Income Statement: ......................................................................................................................3
Balance Sheet:..............................................................................................................................4
Cash Flow Statement:..................................................................................................................7

Income Statement of Diansi Restaurant:
PARTICULARS 2020 2019
Sales revenue 150000 125000
COGS 50000 40000
Gross margin 100000 85000
Advertising 1500 1200
Rent 3000 3000
Furniture and equipment 8000 8500
Interest expense 4000 5000
Maintenance and repairs 150 100
Salaries and wages 25000 25000
Total expenses 41650 42800
Net Income Before Taxes 58350 42200
Income tax expense 17505 12660
Total 40845 29540
Balance sheet of Diansi Restaurant:
BALANCE SHEET
Assets
Current Assets
Cash 100000
Accounts receivable 200000
Inventory 150000
Prepaid expenses 25000
Other current assets 10000
Total Current Assets 485000
3