Free printable income statement was designed as an Excel spreadsheet that performs auto totaling calculations of a standard income statement for product/retail business.
The income statement spreadsheet includes a section for Revenues which allows you to input gross sales, sales on service, less allowances and returns. That information is sub-totaled and reduced by Cost of Goods Sold with Inventory information. The income statement also includes a section for entering Operating Expense data, Tax Expense and Gain (Loss) on Sale of Assets.
The spreadsheet includes color coded cells that auto generate the totals and provides a 2 page document that includes each month of the year with a column for each quarter and final column with the annual total. We also included a PDF document to simply use as print out or reference sheet.