Statement Of Professional/business Income printable pdf download

Statement Of Professional/business Income

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STATEMENT OF PROFESSIONAL / BUSINESS INCOME

Business name:

Business address:

Type of business activity:

Gross sales, commisions or fees (including GST):

GST collected on sales or fees:

Cost of goods sold:

Opening inventory

Purchases during the year

Direct wage costs

Minus: Closing inventory

Total cost of goods sold:

Expenses:

Expenses

Advertising

Meals and entertainment (allowable 50%)

Bad debts

Insurance

Interest

Business tax, fees, licenses, dues, memberships, and subscriptions

Supplies

Legal, accounting, and other professional fees

Management and administration fees

Rent

Maintenance and repairs

Salaries, wages and benefits (including employer's contributions)

Travel

Telephone

Delivery, freight and express

Motor vehicle expenses (not including capital cost allowance) *

Other expenses

Total expenses:

Net income:

Your percentage of ownership:

Your share of net income:

Use of Home Office **

Net income:

Use Vehicle spreadsheet

** Use Home office spreadsheet

Statement Of Professional/business Income