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|
Naseem Associates-Builder and
Developer Income Statement For the Ten Months Ending October
31, 2013 |
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|
Current Month |
|
Year to Date |
|
|
Revenues Sale of
Plots and Bungalows |
$ 0.00 |
0.00 |
$ 0.00 |
0.00 |
|
Profit
& Loss Account |
800,000.00 |
100.00 |
800,000.00 |
100.00 |
|
Total
Revenues |
800,000.00 |
100.00 |
800,000.00 |
100.00 |
|
Cost of
Sales Purchase
Plots & Banglows |
3,500,000.00 |
437.50 |
3,500,000.00 |
437.50 |
|
Total
Cost of Sales |
3,500,000.00 |
437.50 |
3,500,000.00 |
437.50 |
|
Gross
Profit |
(2,700,000.00) |
(337.50) |
(2,700,000.00) |
(337.50) |
|
Expenses Token
Money paid & Received |
(500,000.00) |
(62.50) |
(500,000.00) |
(62.50) |
|
Employees
Salaries |
1,013,500.00 |
126.69 |
1,013,500.00 |
126.69 |
|
Drawings
Account |
100,000.00 |
12.50 |
100,000.00 |
12.50 |
|
Total
Expenses |
613,500.00 |
76.69 |
613,500.00 |
76.69 |
|
Net
Income |
$ (3,313,500.00) |
(414.19) |
$ (3,313,500.00) |
(414.19) |