is the below correct? Statement of Profit or Loss For the period ending 30 June 2023 Account
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Question:
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 | |
Posted Date: