Example of Income Statement Template

Example Income Statement

Company Name
Street Address		Date____________________
City, State, Zip	Statement Period____________________

Revenue	Costs
Gross Sales	346,400
Less Returns	1,000
Net		345,400
Costs
Starting Inventory	160,000
Purchases	90,000
Shipping Costs	2,000
Labor Costs	10,000
3rd Party Services	252,000
Subtotal	514,000
Less Ending Inventory	100,000
Total Costs		614,000
Gross Profit/Loss		200,000
Expenses
Legal/Accounting Fees	2,000
Entertainment Expenses	5,000
Utility Services	1,000
Rent	10,000
Phone	1,000
Security Costs	2,000
Insurance	10,000
IT Services	5,000
Office Supplies	6,000
Loan Fees	7,000
Payroll	50,000
Advertising Costs	1,000
Storage Fees	1,500
Taxes/Licenses/Other fees	1,200
Owner''s Draw	1,000
Other	3,000
Other	1,200
Total Expenses Net Operating Income   Other Income		$107,900
		$706,1000
Net Income		$706,1000

Notes on Income Statement Example

To use this Example Income Statement, fill in the costs
in each section. All totals will be added automatically.

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