Understanding Cooperatives
Unit 7 - Mini Cooperative Business Experience


Handout 7.15 - Operating Statement

Operating Statement

_______________________________ (name of business)

_____________________________________ (city)

________, 20___ to ________, 20___ 
(period covered by statement)

   Income

              *Sales                                      _______________ 

              *Less cost of Sales                         _______________ 

                         Gross Margins                                    ___________________ 
 

   Expenses (list expenses involved in operating business)

              Printing tickets                             ______________ 
              Receipt books                                ______________
              Poster board and pens                        ______________ 
              Advertising                                  ______________
              Telephone                                    ______________
              Salaries & wages                             ______________
              Legal & auditing fees                        ______________
              Travel                                       ______________ 
              Taxes                                        ______________
              Depreciation                                 ______________ 
              Repairs                                      ______________
              Insurance                                    ______________
              Miscellaneous                                ______________

                         Total Operating Expenses                         ____________________
 

   Net Income                                                             ____________________

  * Summary from sales and purchases journals


Rural Development USDA: Understanding Cooperatives - Unit 7      [Next: Handout 7.16]       [Back to Unit 7]