Professional Documents
Culture Documents
Income Statement
For the Period Ending 31 January 2015
Revenue
Ticket Sales$15,493
Confectionary Income$2,407
TOTAL REVENUE
$17,900
Expenses
Salaries Expense...$6,801
Advertising Expense.$2,563
Film Rental Expense.$3,563
Cleaning Expense..$850
Telephone Expense...$95
Equipment and Maintenance Expense..$2,293
Film Transportation Expense....$248
Heating Expense....$858
Electrical and Water Expense....$632
General Expense....$350
Rent Expense.$2,000
Insurance Expense.$600
Supplies Expense...$260
TOTAL EXPENSES
$19,313
NET INCOME.$-1.413
Community Theatre
Balance Sheet
As at 31 January 2015
Assets
Liabilities
Cash..$5,653
Accounts Payable$890
Prepaid Rent.....$4,000
Bank Loan..$10,387
Prepaid Insurance.....$1,200
Supplies...$260
Equity
Equipment..$89,563
J. Singh, Capital.$92,212
TOTAL L&E..$103,489
TOTAL ASSETS......$99,183