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is the below correct? Statement of Profit or Loss For the period ending 30 June 2023 Account Name Dr Cr Revenue 86,000 Other Revenue 890
is the below correct?
Statement of Profit or Loss
For the period ending 30 June 2023
Account Name | Dr | Cr |
Revenue | 86,000 | |
Other Revenue | 890 | |
Interest Received | ||
Total Revenue | 86,890 | |
Expenses | ||
Advertising Expense | 1,700 | |
Depreciation Expense - Equipment | 3,276 | |
Phone Expense | 1,228 | |
Motor Vehicle Expense | 4,590 | |
Supplies Expense | 52,104 | |
Total Expense | 62,898 | |
Profit (Loss) | 23,990 | |
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