Interior Design Account Statement
This statement is an overview of our financial transactions over the specified reporting period. This document aims to give a clear picture of our financial operations, including revenue streams and expense items.
Period Ending [Date]
Categories | Amount ($) |
|---|
Revenue: | |
Design Services | 120,000 |
Consultation Fees | 30,000 |
Sale of Furniture Items | 50,000 |
Total Revenue | 200,000 |
Expenses: | |
Salaries and Wages | (60,000) |
Rent and Utilities | (20,000) |
Materials Purchased | (50,000) |
Depreciation | (5,000) |
Marketing and Advertising | (15,000) |
Total Expenses | (150,000) |
Net Income | 50,000 |
Key Highlights
Our total revenue for the period has seen a robust growth, driven by an increase in design services and sales of furniture items.
The management of expenses, particularly in marketing and materials, reflects our strategic approach to maximizing profitability.
Our net income demonstrates our capability to effectively convert revenue into profit, maintaining financial health and supporting future growth initiatives.
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