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    Profit & Loss Statement: Al Istethaa Elect Cont LLC Year End 2020

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    Asad Rehman
    The profit and loss statement for AL ISTETHAA ELECT CONT LLC for the year ending 2020 shows total revenue of AED 2,307,230 including gross sales of AED 2,156,730 and other income of AED 150,500. Total expenses for the year were AED 1,013,152, resulting in a net profit of AED 586,197.86.

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    Profit & Loss Statement: Al Istethaa Elect Cont LLC Year End 2020

    Uploaded by

    Asad Rehman
    33 views1 page
    The profit and loss statement for AL ISTETHAA ELECT CONT LLC for the year ending 2020 shows total revenue of AED 2,307,230 including gross sales of AED 2,156,730 and other income of AED 150,500. Total expenses for the year were AED 1,013,152, resulting in a net profit of AED 586,197.86.

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    uRDU kAHANI pART 1

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    The profit and loss statement for AL ISTETHAA ELECT CONT LLC for the year ending 2020 shows total revenue of AED 2,307,230 including gross sales of AED 2,156,730 and other income of AED 150,500. Total expenses for the year were AED 1,013,152, resulting in a net profit of AED 586,197.86.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    33 views1 page

    Profit & Loss Statement: Al Istethaa Elect Cont LLC Year End 2020

    Uploaded by

    Asad Rehman
    The profit and loss statement for AL ISTETHAA ELECT CONT LLC for the year ending 2020 shows total revenue of AED 2,307,230 including gross sales of AED 2,156,730 and other income of AED 150,500. Total expenses for the year were AED 1,013,152, resulting in a net profit of AED 586,197.86.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    PROFIT & LOSS STATEMENT

    AL ISTETHAA ELECT CONT LLC


    YEAR END 2020
    Financial Statements in AED (Dirhams)
    Revenue
    Gross Sales 2,156,730.00
    Other Incom: Consultancy 150,500.00
    Net Sales 2,307,230.00

    Cost of Goods Sold


    OPENING INVENTORY 113,270.00
    ADD: PURCHASES 712,143.00
    LESS: CLOSING PURCHASES 117,533.00
    Cost of Goods Sold 707,880.00

    Gross Profit (Loss) 1,599,350.00

    Expenses
    ADMINSTRATION EXPENSES
    SALARIES 608,505.00
    EOS & LEAVE SALARIES 198,056.00
    IT EXPENSES 1,373.79
    TELEPHONE & INTERNET 10,168.89
    TRANSPORTATION 2,041.55
    EMPLOYEE ACCOMODATION 49,875.75
    Office Expenses
    OFFICE RENT 39,000.00
    STATIONARY 2,421.56
    OFFICE SEWA 11,984.55
    OFFICE PURCHASES 1,696.95
    OFFICE REFRESMENT 1,237.90
    GOVERNMENTAL COST &
    LICENSING
    VISA & MEDICAL EXP 3,970.86
    LABOUR DEPT. EXP 191.15
    RENEW LICENSE & FEES 21,281.50
    SPONSER FEE 14,000.00
    IMMIGRATION CARD RENEW 356.00
    OPERATIONAL COST
    VEHICALS EXPENSES
    VEHICAL REPAIR EXP 733.75
    DEPRICIATION 4,510.00
    VEHICAL RENEWAL & REGISTRATION 4,284.50
    VEHICAL FINES 2,630.00
    VEHICAL SALIK 757.80
    FUEL EXP 27,212.02
    PARKING TICKETS EXP 138.00
    TOOLS EXPENSES
    TOOLS RENTED 4,560.12
    TOOLS REPAIR 2,164.50
    Total Expenses 1,013,152.14

    Net Income (Profit) 586,197.86

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