HTML Preview Monthly Profit And Loss Statement Form page number 1.


Sample_01pl 0210_eng
PROFIT&LOSSSTATEMENT(SampleOnly)
KLMLandscapingCompany201ThirdSt
SanFrancisco,CA94103
(415)555‐5555
(Mustincludeaddressandphone)

(Mustincludemonthandyear)
January2009 February2009 March2009
TotalIncome$5,000 Total$2,000 TotalIncome$4,000
Expenses:
Car$200
Equipment$1,000
Repair$300
Advertising$300
Depreciation$100
Meals&Entertain.$100
CashDraw$1,000
TotalExpenses:$3,000
Expenses:
Car$200
Equipment$1,000
Repair$1,100
Advertising$300
Depreciation$0
Meals&Entertain.$0
CashDraw$1,000
Total
Expenses:$3,600
Expenses:
Car$200
Equipment$300
Repair$100
Advertising$300
Depreciation$0
Meals&Entertain.$0 
CashDraw$1,000
TotalExpenses:$1,900
NetIncome:$2,000 NetIncome:‐$1,600 NetIncome:$2,100
*Pleaselistthemonthlyexpensesrelatedtoyourbusiness,includingthedollaramount.(Forexample:Equipment,repair,
advertising,etc)
Theinformationprovidedaboveistrueandcorrecttothebestofmyknowledge.Å(Mustincludethisstatement)


(SignatureofPersonEarningIncome) (Date)
• Applicantmustcomplete hisorherownProfitandLoss Form.
• A“ProfitandLoss”mustonly
beusedifanapplicantcannotprovide:acopyofthepreviousyear’sFederal
TaxForms1040,1040A,1040EZ,withaScheduleCorane‐fileprintoutoftheseforms.
• ApplicantcansubmitaProfitandLossStatementwithcopyof1040taxformif1040taxform
andSchedule
Cdoesnotreflectapplicant’scurrentincome.
• Thisdocumentmustbedatedwithin45daysfromwhentheprogramreceivesdocument.
• Pleaserefertothenextpagetoseehowprogramscalculateyourmonthlyincome.
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If it really was a no–brainer to make it on your own in business there’d be millions of no–brained, harebrained, and otherwise dubiously brained individuals quitting their day jobs and hanging out their own shingles. Nobody would be left to round out the workforce and execute the business plan. | Bill Rancic