If You Do Not Possess a Formally Prepared Set of Financial Statements, Use This Template

If You Do Not Possess a Formally Prepared Set of Financial Statements, Use This Template

<p>INCOME STATEMENT STATE OF WISCONSIN EDUCATIONAL APPROVAL BOARD TEMPLATE 431 CHARMANY DRIVE, SUITE 102 Wis. Stats. 38.50 (10) (c) If you do not possess a formally MADISON, WI 53719 Form EAB 2.02 (Rev. 11/15) prepared set of financial (608) 266-1996 statements, use this template to record your assets and liabilities. Use actual data if you have completed a fiscal year. Use projected data if you have not completed a fiscal year.</p><p>NAME OF SCHOOL: FOR THE PERIOD BEGINNING AND ENDING I. REVENUES Tuition...... Less: Tuition refunds for the year...... ( ) Fees...... Books...... Less: Textbook expense...... ( ) Room and board...... Interest income...... Miscellaneous income...... TOTAL REVENUE...... II. OPERATING EXPENSES Advertising...... Bad-debt expense...... Contribution...... Depreciation...... Dues and subscriptions...... Instructional expenses...... Insurance...... Legal and accounting fees...... Library...... Maintenance...... Miscellaneous...... Postage...... Printing...... Public relations...... Rental / lease / mortgage expense...... Salaries: Administration...... Salaries: Instruction...... Salaries: Officers...... Telephone...... Utilities – electric / water / gas...... TOTAL EXPENSES...... III. TAXES Net profit before income tax...... Less: Income tax...... ( ) NET PROFIT AFTER INCOME TAX...... </p><p>INCOME STATEMENT TEMPLATE Page 1 of 1 Form EAB 2.02 (Rev. 11/15)</p>

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