ABC Co. Ltd.

Income Statement(Single Step Income Statement) For the year ended 31st December,200X
Particulars Income: Net sales Interest income Commission income Miscellaneous income Total income Expenses: Cost of goods sold Selling expenses Operating expenses Financial expenses Total expenses Net income Taka . . . . . Taka

. . . .
.. ..

ABC Co. Ltd. Income Statement(Multi-Step Income Statement) For the year ended 31st December,200X Particulars Sales Cost of Goods sold Gross Profit Operating expenses Salaries Depreciation expenses Miscellaneous General expenses Total expenses Income from operation Other income and expenses Add: Interest revenue Less: Interest on notes payable Net income Taka Taka ()

ABC Co. Ltd. Owners Equity Statement For the year ended december 31, 200X
Particulars
Capital, January 1 Add: New Investment Net income

Taka

Taka

Less: Drawings Capital, December 31

ABC Co. Ltd. Balance Sheet (unclassified) December 31, 200X Taka Assets: Cash Accounts Receivable Merchandise Inventory Prepaid expenses Machinery Buildings Total Assets Liabilities: Accounts Payable Notes payable Mortgage Loan Owners equity Total Liabilities Taka

ABC Co. Ltd. Balance Sheet (Classified) December 31, 200X

Assets Current assets Cash Account receivable Inventory Prepaid expenses Long-term investment Property, plant & equipment Land and Building Plant and machinery Intangible assets Goodwill Other assets Preliminary expenses Total assets Taka Liabilities and Owners equity Current Liabilities Accounts payable Notes payable Long-term Liabilities Long-term notes payable Long-term bank loan Owners equity Capital Retained earnings Reserve Taka

Total liabilities and owners equity

Salman Choudhury, P. I. Income Statement For the Quarter Ended March 31, 2012

Revenues

Service revenue......................................... Expenses Salaries expense

Travel expense.. Rent expense. Depreciation expense Supplies expense... Insurance expense. Interest expense

Tk.14,150
Tk.2,200 1,300 1,200 1,000 670 600 300

Miscellaneous expense..
Total expense Net income.

200
7,470 Tk.6,680

Salman Choudhury, P. I. Owners Equity Statement For the Quarter Ended March 31, 2012

Salman Choudhury, Capital, January 1 Add: Investment by ownerTk.20,000 Net income Less: Drawings.. Salman Choudhury, Capital, March 31... 6,680

Tk.0

26,680 600 Tk.26,080

Salman Choudhury, P. I. Balance Sheet March 31, 2012

Assets Current assets
Cash.. Tk.11,400

Accounts receivable.. Supplies. Prepaid insurance. Total current assets

6,150 380 1,800 19,730

Property, plant and equipment

Equipment Tk.30,000 Less: Accumulated depreciation.. Total assets Liabilities and owners Equity Current liabilities Notes payable Accounts payable.. Interest payable. Total current liabilities Owners equity Salman Choudhury, Capital.. TotalLiabilities and owners Equity 26,080 Tk.48,730 1,000 29,000 Tk.48,730

Tk.10,000 12,350 300 22,650