Unbelievable Retail Store Income Statement Example

1000 pairs of jean sold will cost 22000.

Retail store income statement example. This financial plan was developed based upon previous years data for the existing store tracking trends in revenues and expenses. The income statement operating statement profit and loss statement PL. Manufacturer Distributor Retailer Customer.

Including labor and material costs. This profit and loss statement PL is designed for two products that are manufactured by the same organisation in a retail sales model. No matter what you call it it summarizes activity over a period of time usually one to 12 months.

Retail Income Statement Sample. Selling shorts at the rate of 25. An income statement reports the following line items.

This statement is a condensed version of the more detailed income statement presented in Illustration 4-2. This template is available to be downloaded in sizes A4 and US Letter. For example 2 net 10 means the merchandise will be discounted 2 if the payment is received within 10 days.

12 Retail Income Statement Samples in PDF DOC. The two examples provided in the template are meant mainly for small service-oriented businesses or retail companies. This ProForma Income Statement shows the projected results over the assumed 8 year Holding Period in one of the 1400 different formats available for instance unchecking After Tax eliminates all the Income Tax related lines.

Youll note these examples tend to focus on allowances and discounts vendors make for retailers. To help you understand income statements here are 12 retail income statements samples you can study. You can easily make this income statement for your retail business too if you just make use of this basic statement template.