Welcome to Kissena Baked Goods

Kissena Baked Goods is a bakery in Astoria, Queens, New York. It sells a wholesale line and accepts custom cake orders, including weddings. (The location link opens a new tab.)

Kissena Baked Goods Inc. incorporated in New York State in late 20X4 and opened in January 20X5. It has three ovens, four delivery vans, and 14 staff members.

What we bake

• Sourdough, semolina, and rye loaves
• Kaiser rolls, hero bread, and dinner rolls
• Croissants, danishes, and morning pastry
• Cheesecake, black and white cookies, and sheet cakes
• Seasonal orders, including hot cross buns and tsoureki

How a wholesale order is completed

1. A customer places a wholesale order.
2. The manager prepares a bake sheet.
3. Bakers prepare and bake the ordered goods.
4. Drivers deliver the goods to the customer.
5. The accountant records the credit sale and accounts receivable.

The year in brief

In 20X5, net sales were $1,500,000 and net income was $230,000. These illustrative financial statements describe the year ended December 31, 20X5.