Scribd
Upload
34 views2 pages

Mame Tax Paid

This document appears to be an income statement for Samuel Abate for the month of June 30, 2016. It shows total sales of $6,641,818 with cost of goods sold of $6,521,300, resulting in a gross profit of $120,518. Expenses for the month included rent, maintenance, utilities, office supplies, telephone and other expenses totaling $12,500. After accounting for these expenses, the net income was $108,018, with income tax of $31,660 owed.

Uploaded by

Anonymous LFt2CmZURq
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as RTF, PDF, TXT or read online on Scribd
34 views2 pages

Mame Tax Paid

This document appears to be an income statement for Samuel Abate for the month of June 30, 2016. It shows total sales of $6,641,818 with cost of goods sold of $6,521,300, resulting in a gross profit of $120,518. Expenses for the month included rent, maintenance, utilities, office supplies, telephone and other expenses totaling $12,500. After accounting for these expenses, the net income was $108,018, with income tax of $31,660 owed.

Uploaded by

Anonymous LFt2CmZURq
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as RTF, PDF, TXT or read online on Scribd
You are on page 1/ 2

samuel abate

income statement
june 30 2016

sales 6,641,818

cost of goods sold 6,521,300

growth profit 120,518

rent expense 10,000

maintaince exp 500

utilities 500

office supply 450

telephone exp 350

other exp 700

12,500

net income 108,018


net income 108,018

108,0188*35% 37,806

WHT RECIVABLES (6,146)

profit tax 31,660

You might also like