Sample Profit & Loss Statement

Take a look at a sample Profit & Loss Statement.


This sample report will show you the basic structure of a Profit & Loss Statement.
Sample Company, Inc. Sample Profit & Loss Statement August 1 – 31, 2010 Operating Revenue Product sales $12,000 Service sales 3,000 Total Operating Revenue 15,000 Operating Expenses Cost of goods sold 7,000 Gross Profit 8,000 Overhead Rent 1,500 Insurance 250 Office supplies 150 Utilities 100 Total Overhead 2,000 Operating Income 6,000 Other Income (Expenses) Loan interest (500) Earnings Before Income Taxes 5,500 Income Taxes 500 Net Earnings $ 5,000
Note that a business organized as a C corporation almost always shows income tax expense, but S corporations, partnerships, LLCs, and sole proprietorships rarely list income tax on the P&L.
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What is a P&L? Definitions of terms Sample Profit & Loss Statement