Forms → Staff → Independent Activity Fund (IAF) → Statement of Profit or Loss on Sale of Merchandise
Form number: 281-25
Audience: School Staff
Last revised: May 2001
INSTRUCTIONS: The sponsor of the activity is required to complete this form. The form should be used to complete profit or loss on such activities as school store, vending, gym clothes, fund raiser, and yearbooks. If separate accounts are established by type of merchandise sold in the school store, separate statements should be prepared.
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