Formal lab report for chemistry is formatted as per the guidelines provided by the American Psychological Association. As per the APA formatting guidelines, there is a specific segment for the summary of chemistry lab experiments and another for the important portions, like Purpose, Procedures, Data & Observations, Calculations, and Conclusion. As the lab report example for a chemistry experiment suggests, your formal lab report should be word-processed or typed and be neat without mistakes crossed out. As the lab report further illustrates, the purpose would be one or two sentences describing what you hope to accomplish in the lab. The procedure section is usually a paragraph or two describing the procedure followed to experiment in the lab.