Interior Design Account Statement

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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