CP Form 02 – ABM5

LA SALLE GREEN HILLS

S.Y. 2018 – 2019
Senior High School

CAPSTONE PROJECT – ABM STRAND

INCOME STATEMENT (Merchandising)

SECTION: _____________ CAPSTONE PROJECT TITLE/BRAND: __________________________

STATEMENT OF INCOME
For the period ended __________________________

Sales ₱ _____________________________
Less: Sales discount _____________________________
Sales returns and allowance _____________________________
Net Sales _____________________________
Less: Cost of Sales
Merchandise inventory, end of period _____________________________
Total goods available for sale _____________________________

Gross Profit _____________________________

Less: Operating Expenses
Selling and administrative expenses ₱ _____________________________
Salaries and Wages _____________________________
Utilities Expenses _____________________________
Rent Expense _____________________________
Supplies expense _____________________________
Advertising expense _____________________________
Total Operating Expenses _____________________________
Net Income ₱ _____________________________

PREPARED BY:

_________________________________________________ _____________________________
Name and Signature Date

NOTED BY:

_________________________________________________ _____________________________
CPA Name and Signature Date

INCOME STATEMENT - MERCH Page 1 of 1