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DIRECTION: USING THE DATA BELOW COMPUTE FOR THE PROFIT AND LOSS STATEMENT OF PIUS CAFE. USE THE FORMAT GIVEN. food and beverages sales $ 75,000.00

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DIRECTION: USING THE DATA BELOW COMPUTE FOR THE PROFIT AND LOSS STATEMENT OF PIUS CAFE. USE THE FORMAT GIVEN. food and beverages sales $ 75,000.00 discounts cost of goods sold Repair and maintenance Office Supplies Depreciation equipment Depreciation vehicles miscellaneous Repair and maintenance Office Supplies Depreciation equipment Depreciation vehicles miscelleaneous Salaries Administration Utilities Rent Insurance Income Tax $ 1,000.00 $ 11,000.00 $ 1,000.00 $ 500.00 $ 800.00 $ 1,100.00 $ 300.00 $ 1,000.00 $ 500.00 $ 800.00 $ 1,100.00 $ 300.00 $ 15,000.00 $ 2,000.00 $ 1,200.00 $ 12,000.00 $ 1,200.00 30%

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