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INCOME STATEMEMT

The income statement for Zoya Creation shows total revenues of 26,30,120 for 2023-24 and 28,37,450 for 2024-25. Total expenses are reported at 30,08,980 for 2023-24 and 32,20,240 for 2024-25, resulting in a net income loss of (3,78,860) for both years. There is no income tax expense recorded, and the net income remains negative across both periods.

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3 views

INCOME STATEMEMT

The income statement for Zoya Creation shows total revenues of 26,30,120 for 2023-24 and 28,37,450 for 2024-25. Total expenses are reported at 30,08,980 for 2023-24 and 32,20,240 for 2024-25, resulting in a net income loss of (3,78,860) for both years. There is no income tax expense recorded, and the net income remains negative across both periods.

Uploaded by

nitinji0251
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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(ZOYA CREATION) Income Statement

P&L STATEMENT
EVTPS2683P
Revenue 2023-24 2024-25
Sales revenue 25,60,120 27,75,450
(Less sales returns and allowances)
Service revenue 70,000 62,000
Interest revenue
Other revenue
Total Revenues 26,30,120 28,37,450
[42]

[42]

Expenses
Advertising 1,25,000 1,15,000
Bad debt 55,000 65,000
Commissions 54,500 65,000
Cost of goods sold 18,60,120 22,65,120
Depreciation 60,120 75,140
Employee benefits 54,000 65,000
Furniture and equipment 12,500 13,500
Insurance 3,500 3,500
Interest expense 4,200 5,200
Maintenance and repairs 13,500 27,500
Office supplies 22,120 38,610
Payroll taxes
Rent 80,000 90,000
Research and development
Salaries and wages 55,000 65,000
Software 5,000 5,000
Travel 12,600 14,500
Utilities 1,56,200 1,75,120
Web hosting and domains 17,460 15,600
Other 4,18,160 1,16,450
Total Expenses 30,08,980 32,20,240

Net Income Before Taxes (3,78,860) (3,82,790)


Income tax expense - -

Income from Continuing Operations (3,78,860) (3,82,790)


{42} [42]

Below-the-Line Items
Income from discontinued operations
Effect of accounting changes
Extraordinary items

Net Income (3,78,860) (3,82,790)

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