Income Statement, Balance Sheet, and Cash Flow

6.0 FINANCIAL REPORT

 Income Statement, Balance Sheet, Cash Flow

6.1 DETAILED OF THE COST FOR EACH ITEM

No	Details	Quantity	Per unit (RM)	Amount (RM)
1.	Bookmarks 09.03.2015 25.03.2015 25.03.2015	59 170 187.5	Rm 0.80 Rm 0.70 Rm 0.80	Rm 47.20* Rm 119.00 Rm150.00
2.	Bakul besar	5	Rm 8.00	Rm 40.00
3.	Bakul bertutup kecil berkeychain	14	Rm 3.00	Rm 42.00
4.	Bakul bertangkai bunga (tanpa keychain)	10	Rm 2.00	Rm 20.00
5.	Bakul berduri fesyen (nenas) (tanpa keychain)	9	Rm 2.00	Rm 18.00
6.	Bakul bertutup (tanpa keychain)	1	Rm 2.00	Rm 2.00
7.	Selinder panjang berkeychain	2	Rm 3.00	Rm 6.00
8.	Beg	2	Rm 20.00	Rm 40.00
9.	Banner	1	Rm 3.30	Rm 3.30
10.	Printing and Photocopy fee		Rm 2.00	Rm 2.00
	Total costs *Discount Rm 0.20			489.50 489.30

6.2 STATEMENT OF PROFIT AND LOSS

Handicraft Enterprise

Statement of Profit and Loss for the Handicraft Enterprise  

Sales: Cash Sales Others Revenue		RM 714.20 6.00
Total Sales		720.40
-) Cost of Goods Sold		484.00
Gross Profit		236.40
-) Expenses:
Banner	3.30
Printing and photocopy Fees	2.00
Total Operating Expenses		5.30
Net Profit		231.10

6.3 STATEMENT OF CASH FLOW

Handicraft Enterprise

Statement of Cash Flow for the Handicraft Enterprise

ITEMS		(RM)
Initial Cash for Business		275.00
Cash Received
Cash Received from Operation:
Cash Sales		720.40
Cash Payment
Cash Spending for Products	484.00
Banner	3.30
Printing and Photocopy fees	2.00
Total cash payment		489.30
CASH BALANCE		231.10

6.4 BALANCE SHEET

Handicraft Enterprise

Balance Sheet for the Handicraft Enterprise

Assets Current Assets:	RM	RM
Cash	506.10
Inventory	0.00
Account Receivables	0.00
Other Current Assets	0.00
Total Current Assets		506.10
Total Fixed Assets		0.00
Total Assets		506.10
Liabilities and Equity
Current Liabilities	0.00
Long-term Liabilities	0.00
Total Liabilities		0.00
Equity: Owner equity (RM30.56 x 9)	275.00
+) Net profit	231.10
Total Equity	506.10
Total Liabilities and Equity		506.10