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HomeMy WebLinkAbout780900.tiff (se' WEt) riser r`` 'K7ssaleRS --FEB H,2 8 19.78 GREELEy, COL PROFIT & LOSS STATEMENT CENTENNIAL DELICATESSEN 1977 Sales $20, 178 Inventory Jan. 1 , 1977 $1 ,620 Purchases 14,622 Inventory Jan. 1 , 1978 2,100 Cost of goods sold 14, 142 Gross Profit 6,036 Expenses: Wages $5,904 Rent 494 Supplies 460 Employers share F.I.C.A. 348 Sales tax paid 960 Unemployment taxes 118 Accounting 180 Total Expenses 6,463 • Net Profit or (Loss) $ (2,427) 780900 Hello