Question
Write Sales forecast for this income statement Genuises School Income Statement For year ended June 30,2025 Profits & Loss Yearly Total Revenues Tuition Fees (Books+Resources+Uniform)
Write Sales forecast for this income statement
| Genuises School | |
| Income Statement | |
| For year ended June 30,2025 | |
| Profits & Loss | Yearly Total |
| Revenues Tuition Fees (Books+Resources+Uniform) Fees
| 829,500 OMR 693,000 OMR 136,000 OMR |
| Less cost of Revenues Website & software Science Lab resources Library resources IT Lab Resources Offices Furniture IB License
| 400,000 OMR |
| Gross Profit | 429,000 OMR |
| Less Expenses |
|
| Salaries | 184,800 OMR |
| Advertising & marketing | 1000 OMR |
| Utilities(Electricity,Water,Internet service &Telephone Bill) | 2400 OMR |
| Loan Payments | 12,000 OMR |
| Rent expense+accamodation | 60,000 OMR |
| Repair & Maintenance | 500 OMR |
| Stationary & Printing | 500 OMR |
| Petrol | 960 OMR |
| Software | 1000 OMR |
| Insurance | 4800 OMR |
| Total expenses | 267,000OMR |
| Net Profit (Net Income) | 162,000 OMR |
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
15th Edition
978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960
