Barber Shop Financial Statement Template
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Barber Shop Financial Statement
Instructions: Use this financial statement to understand the Barber Shop’s financial health, including detailed insights into revenue, expenses, and net income.
Revenue
The following table summarizes the income generated from barber services during the period:
Service | Revenue (USD) |
|---|---|
Haircuts | $15,000 |
Total Revenue |
Expenses
The following table outlines the expenses incurred during the period:
Expense | Amount (USD) |
|---|---|
Rent | $4,000 |
Total Expenses |
Net Income
The net income is calculated by subtracting total expenses from total revenue, resulting in:
Net Income: |
This financial statement is prepared and verified by:
[Your Name]
[Title]
[Month Day, Year]
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