| [Your Company Name] |
| Income Statement |
| For the Year Ended [Mmmm Dd, 200X] |
| | | | | | | |
| Revenue: | | | | |
| | Gross Sales | | | | $0.00 |
| | Less: | Sales Returns and Allowances | | | | $0.00 |
| | Net Sales | | | | $0.00 |
| | | | | | | |
| Cost of Goods Sold: | | | | |
| | Beginning Inventory | | $0.00 | | |
| | Add: | Purchases | | $0.00 | | |
| | | Freight-in | | $0.00 | | |
| | | Direct Labor | | $0.00 | | |
| | | Indirect Expenses | | $0.00 | | |
| | | | | $0.00 | | |
| | Less: | Ending Inventory | | $0.00 | | |
| | Cost of Goods Sold | | | | $0.00 |
| | | | | | | |
| | Gross Profit (Loss) | | | | $0.00 |
| | | | | | | |
| Expenses: | | | | |
| | Advertising | | $0.00 | | |
| | Amortization | | $0.00 | | |
| | Bad Debts | | $0.00 | | |
| | Bank Charges | | $0.00 | | |
| | Charitable Contributions | | $0.00 | | |
| | Commissions | | $0.00 | | |
| | Contract Labor | | $0.00 | | |
| | Credit Card Fees | | $0.00 | | |
| | Delivery Expenses | | $0.00 | | |
| | Depreciation | | $0.00 | | |
| | Dues and Subscriptions | | $0.00 | | |
| | Insurance | | $0.00 | | |
| | Interest | | $0.00 | | |
| | Maintenance | | $0.00 | | |
| | Miscellaneous | | $0.00 | | |
| | Office Expenses | | $0.00 | | |
| | Operating Supplies | | $0.00 | | |
| | Payroll Taxes | | $0.00 | | |
| | Permits and Licenses | | $0.00 | | |
| | Postage | | $0.00 | | |
| | Professional Fees | | $0.00 | | |
| | Property Taxes | | $0.00 | | |
| | Rent | | | $0.00 | | |
| | Repairs | | $0.00 | | |
| | Telephone | | $0.00 | | |
| | Travel | | | $0.00 | | |
| | Utilities | | $0.00 | | |
| | Vehicle Expenses | | $0.00 | | |
| | Wages | | $0.00 | | |
| | Total Expenses | | | | $0.00 |
| | | | | | | |
| | Net Operating Income | | | | $0.00 |
| | | | | | | |
| Other Income: | | | | |
| | Gain (Loss) on Sale of Assets | | $0.00 | | |
| | Interest Income | | $0.00 | | |
| | Total Other Income | | | | $0.00 |
| | | | | | | |
| Net Income (Loss) | | | | $0.00 |
| | | | | | | |
| | | | | | | |