Sample Natural Form of Statement of Comprehensive Income
Sample Natural Form of Statement of Comprehensive Income
Note
Revenues
Service Income ₱ 750,000.00
Other Income 1 50,000.00 ₱ 800,000.00
Less: Operating Expenses
Salaries and Wages Expense 2 ₱ 250,000.00
Supplies Expense 3 120,000.00
Advertising Expense 82,000.00
Transportation and Travel Expenses 80,000.00
Utilities Expense 4 50,500.00
Depreciation Expense 5 27,500.00
Insurance Expense 17,000.00
Representation and Entertainment Expense 14,000.00
Repairs and Maintenance Expense 12,000.00
Taxes and Licenses Expense 9,500.00
Doubtful Accounts Expense 4,000.00
Miscellaneous Expense 2,000.00
Finance Cost 2,000.00 (670,500.00)
Net Income Before Taxes ₱ 129,500.00
Income Tax Expense (38,850.00)
Net Income/Profit After Taxes ₱ 90,650.00
Other Comprehensive Income 150,450.00
Total Comprehensive Income ₱ 241,100.00