Financial Accounting

Gross Revenue$45,000
Total Expenses$22,800
Tax Withheld (15%)$6,750
Net Profit$15,450

Operating Expenses

  • Rent$5,000
  • Payroll$12,000
  • Supplies$3,500
  • Marketing$1,500
  • Utilities$800

Profit Breakdown

  • Gross Revenue$45,000
  • - Total Expenses-$22,800
  • Pre-Tax Profit$22,200
  • - Estimated Tax-$6,750
  • Net Profit$15,450