I'm trying to make an income statement...for sales revenue out of this information what do I add up?
Sales Revenue Forecast:
June (actual) 24,000
July (actual) 20,000
August 28,000
September 52,000
October 44,000
November 76,000
December 96,000
January 22,000
February 32,000
do I add everything..for just August-December or what?
To calculate the sales revenue for the income statement, you would add up the sales revenue for the desired time period. In your case, you mentioned creating the income statement for a specific time frame.
If you want to calculate the sales revenue from August to December, you would add up the sales revenue for these months:
August + September + October + November + December = Total Sales Revenue
Sales Revenue = 28,000 + 52,000 + 44,000 + 76,000 + 96,000 = 296,000
Therefore, the sales revenue for the period from August to December is $296,000.
However, if you want to calculate the sales revenue for a different time frame or include all the months you provided, you would add up the sales revenue for those specific months.