Income Statement with Guidelines

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									GUIDELINES

Ordinary Income/Expense
    Income
               Book Sales Income                (Income is the price of units or services multiplied
               Educational Services Income      volume projected to sell. Projections are often based
               Events Income
                                                on previous sales performance or benchmarks.)
               Membership Income
                    Affiliate
               Retail Partnership Income
               General Sales
    Total Income
    Cost of Goods Sold
               Cost of Goods Sold               (Cost of Goods Sold are the costs associated with
               Event Cost                       producing the product such as materials, supplies,
               Merchant Account Fees
                                                event locations, labor etc.)
    Total COGS
Gross Profit
    Expense
               Advertising and Promotion        (Expenses include general operating expenses)
               Automobile
               Computer and Internet Expenses
               Dues and Subscriptions
               Office Supplies
               Printing and Reproduction
               Professional Fees
               Payroll Expenses
               Continuing Education
               Meal & Entertainment
               Telephone Expense
    Total Expense
Net Ordinary Income




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© Copyright 2013 Docstoc Inc.
                                                                                                                                                                                  TOTAL

                                              Month 1    Month 2    Month 3    Month 4    Month 5    Month 6    Month 7    Month 8    Month 9    Month 10   Month 11   Month 12   Total

Ordinary Income/Expense
        Income
             Book Sales Income                    1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Educational Services Income          1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Events Income                        1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Membership Income                    1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
                   Affiliate                      1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Retail Partnership Income            1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             General Sales                        1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
        Total Income                              7.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           7.00


        Cost of Goods Sold
             Cost of Goods Sold                   1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Event Cost                           1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Merchant Account Fees                1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
        Total COGS                                3.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           3.00


    Gross Profit                                  4.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           4.00


        Expense
             Advertising and Promotion            1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Automobile                           1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Computer and Internet Expenses       1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Dues and Subscriptions               1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Office Supplies                      1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Printing and Reproduction            1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Professional Fees                    1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Payroll Expenses                     1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Continuing Education                 1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Meal & Entertainment                 1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
             Telephone Expense                    1.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           1.00
        Total Expense                            11.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       11.00


Net Ordinary Income                              -7.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           -7.00


                                                 -7.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00           -7.00




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