Interior Design Account Statement
Interior Design Account Statement
This statement is an overview of our financial transactions over the specified reporting period. This document aims to give a clear picture of our financial operations, including revenue streams and expense items.
Period Ending [Date]
Categories |
Amount ($) |
---|---|
Revenue: |
|
Design Services |
120,000 |
Consultation Fees |
30,000 |
Sale of Furniture Items |
50,000 |
Total Revenue |
200,000 |
Expenses: |
|
Salaries and Wages |
(60,000) |
Rent and Utilities |
(20,000) |
Materials Purchased |
(50,000) |
Depreciation |
(5,000) |
Marketing and Advertising |
(15,000) |
Total Expenses |
(150,000) |
Net Income |
50,000 |
Key Highlights
-
Our total revenue for the period has seen a robust growth, driven by an increase in design services and sales of furniture items.
-
The management of expenses, particularly in marketing and materials, reflects our strategic approach to maximizing profitability.
-
Our net income demonstrates our capability to effectively convert revenue into profit, maintaining financial health and supporting future growth initiatives.