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Profit and Loss Statement ExplainedINCOMESalesOther IncomeTotal Income OPERATING EXPENSESSalariesEmployee benefits Payroll taxesRentRepairs & maintenance Equipment rentalFurniture and equipment purchaseVehicle(s)Vehicle maintenance & repairsDepreciation and amortizationInsuranceInterest expenseUtilities TelephoneOffice suppliesDues, subscriptions, licensesTraining materials + servicesPostage and freightMarketing and promotionSales commissionLegal and professional servicesTravel MiscellaneousOtherTotal Operating ExpensesNet profit/loss before taxProvision for taxes38. TOTAL NET PROFIT/(LOSS) ................
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