LLC Income Statements Flashcards
1
Q
1st
A
Revenue +
2
Q
2nd
A
Cost of sales -
3
Q
3rd
A
Gross Profit (sum)
4
Q
4th
A
Other Income +
5
Q
5th
A
Operating Expense -
6
Q
6th
A
Directors’ Remuneration -
7
Q
7th
A
Operating Profit (sum)
8
Q
8th
A
Finance cost -
9
Q
9th
A
Profit Before Tax (sum)
10
Q
10th
A
Tax -
11
Q
11th
A
Profit for the year (sum)