Trading and Profit and Loss Account for the year ended .

$ Opening Stock Add Net Purchases: Purchases Add C/Inwards Less Rtn Outwards Net Purchases C.O.G.A Less C/Stock C.O.G.S Gross Profit c/d xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx Gross Profit b/d Add Revenue: Rent Received xxx Commission Received xxx $ xxx Sales Less Rtn Inwards Net Sales $ xxx xxx $ xxx

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Less Expense: C/Outwards xxx Motor Expenses xxx Rent xxx Telephone xxx Staff xxx Insurance xxx O/ Expense xxx S/ Expense xxx Depreciation xxx Provision for bad debts xxx Bad Debts xxx Net Profit c/d xxx xxx xxx

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