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PROFIT AND LOSS STATEMENT
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PROFIT AND LOSS STATEMENT
A TO B COMPANY
PROFIT AND LOSS STATEMENT
January 1, 1998 to December 31, 1998
Income Commissions
145,446.79
Interest Income
740.00
Total Income
146,186.79
Expenses Advertising
12,181.84
Auto exp
5,437.53
Bank chgs
267.00
Consulting
5,482.00
Donation
1,000.00
Dues & Fees
1,509.87
Insurance
2,616.52
Interest Paid
3,500.00
Legal & Prof.
11,604.50
Meals & Entertainment
1,582.00
Mortgage Interest Paid
7,248.00
Office Expenses
2,311.92
Office Supplies
1,078.45
Postage & Delivery
1,043.02
Repairs & Maintenance
1,747.82
Taxes & Licenses
16,800.00
Telephone
3,796.11
Travel
2,555.25
Utilities
2,877.43
Total Expenses 81,761.83
Net Income 64,424.96
(Income Less Expenses)
Please refer to Balance Sheet example.
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Total Tax Solutions, Inc.
Email: info@totaltaxsolutions.com
Voice: (818) 352-0384 Fax: (818)
352-8684
Post Office Box 10865 Glendale, CA 91209-3865