INCOME-STATEMENT-RYL.xls - RYL TRANSPORT Income Statement...

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RYL TRANSPORT Income Statement For the year Ended December 31, 2016 Service Revenue 899,700.96 Less: Operating Expenses Salaries and Wages 187,734.85 Gas Expense 186,000.00 Depreciation Expense -Truck 140,004.00 Repairs and Maintenance 83,200.00 Miscellaneous Expense 59,391.72 Allowance 58,942.00 Parking and Toll Fees 48,360.00 Taxes 26,991.09 Utilities Expense 20,400.00 Communication Expense 15,588.00 Licenses (LTO/LTFRB) 15,526.18 Insurance Expense 2,691.51 Total Expenses 844,829.35 Net Income 54,871.61
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Salaries Expenses CASH jan 16,051.68 jan 16,051.68 jan 31 10 21 3,891.03 feb 13,957.98 feb 13,957.98 feb 28 8 20 3,705.75 mar 16,051.68 mar 16,051.68 mar 31 9 22 4,076.32 apr 15,353.78 apr 15,353.78 apr 30 8 22 4,076.32 may 16,051.68 may 16,051.68 may 31 9 22 4,076.32 jun 15,353.78 jun 15,353.78 jun 30 8 22 4,076.32 jul 16,051.68 jul 16,051.68 jul 31 9 22 4,076.32 aug 16,051.68 aug 16,051.68 aug 31 9 22 4,076.32 sep 15,353.78 sep 15,353.78 sep 30 9 21 3,891.03 oct 16,051.68 oct 16,051.68 oct 31 8 23 4,261.61 nov 15,353.78 nov 15,353.78 nov 30 9 21 3,891.03 dec 16,051.68 dec 16,051.68 dec 31 8 23 4,261.61 187,734.85 ### 365 104 261 48,360.00 - Gas Expenses CASH jan 15,000.00 jan 15,000.00 feb 14,400.00 feb 14,400.00 mar 15,600.00 mar 15,600.00 apr 15,700.00 apr 15,700.00 may 15,800.00 may 15,800.00 jun 15,700.00 jun 15,700.00 jul 15,600.00 jul 15,600.00 aug 15,700.00 aug 15,700.00 sep 14,900.00 sep 14,900.00 oct 16,300.00 oct 16,300.00 nov 14,900.00 nov 14,900.00 dec 16,400.00 dec 16,400.00 186,000.00 186,000.00 Accum Depreciation CASH jan 11,667.00 jan 11,667.00 feb 11,667.00 feb 11,667.00 mar 11,667.00 mar 11,667.00 apr 11,667.00 apr 11,667.00 may 11,667.00 may 11,667.00 jun 11,667.00 jun 11,667.00 jul 11,667.00 jul 11,667.00 aug 11,667.00 aug 11,667.00 sep 11,667.00 sep 11,667.00
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