Home inflow and outflow
Profit and loss account
Eraser for sale $10 each Cost to make ($3 dollar each) OutPut (300) Total: $2,100 -Taxes and interests: $500 -Expenses: $1000 Total: $600 PROFIT AND LOSS ACCOUNT Total Sales Revenue: ($10 x 300) = $3000 COGS (cost of goods sold): ($3 x 300) = $900 GROSS Profit: ( sales - COGS) = $2,100 -Taxes and interests: $500 NET Profit after taxes and interests: $1.600 -Expenses: $1000 NET PROFIT: $600 Eraser for sale $50 each Cost to make ($25 dollar each) OutPut (1000) -Taxes and interests: $10000 -Expenses: $5.000 Total: $10.000 Total Sales Revenue: 50.000 COGS: 25.000 GROSS Profit: $25.000 Taxes and Interests: 10.000 NET profit after T&I: 15.000 Expenses: 5.000 Net Proftit: 10.000
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