Cafe Accounting Statement

Cafe Accounting Statement

This accounting statement presents an overview of the financial performance of [Your Company Name] for the current reporting period starting [Month Day, Year] to [Month Day, Year]. This statement includes the analysis of revenue, expenses, and net income, reflecting our commitment to financial accountability and growth.

Income Statement

Description

Amount

Revenue

Sales Revenue

$150,000

Other Revenue

$5,000

Total Revenue

$155,000

Expenses

Cost of Goods Sold

$60,000

Wages and Salaries

$40,000

Rent

$10,000

Utilities

$5,000

Marketing

$2,000

Depreciation

$3,000

Other Expenses

$4,000

Total Expenses

$124,000

Net Income

$31,000

Balance Sheet

Description

Amount

Assets

Cash and Cash Equivalents

$20,000

Accounts Receivable

$15,000

Inventory

$10,000

Property and Equipment

$100,000

Total Assets

$145,000

Liabilities

Accounts Payable

$8,000

Loans Payable

$30,000

Total Liabilities

$38,000

Equity

Owner's Equity

$107,000

Total Equity

$107,000

Total Liabilities and Equity

$145,000

Financial Overview

  1. Revenue Analysis: [Your Company Name] generated a total revenue of [$155,000], primarily driven by sales revenue, which constitutes [97]% of the total income. Other revenue sources contributed [$5,000].

  2. Expense Analysis: The total expenses for the period amounted to [$124,000]. The major expense categories include the cost of goods sold at [$60,000], wages and salaries at [$40,000], and rent at [$10,000]. These expenses reflect our operational costs and investments in maintaining high service standards.

  3. Net Income: After accounting for all expenses, the cafe achieved a net income of [$31,000]. This positive net income indicates a strong financial performance and efficient management of resources.

  4. Balance Sheet Insights: The balance sheet shows total assets of [$145,000], balanced by total liabilities of [$38,000] and owner's equity of [$107,000]. This financial position demonstrates a healthy equity base and manageable liabilities, ensuring financial stability.

This accounting statement of [Your Company Name] for the period provides a detailed financial snapshot, highlighting our revenue generation, expense management, and overall financial health. The positive net income and strong balance sheet position underscore our commitment to sustainable growth and operational excellence. By maintaining transparency and accuracy in our financial reporting, [Your Company Name] aims to foster trust and confidence among stakeholders, ensuring continued success in the competitive cafe industry.

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