Profit & Loss Statement
12/1/03 through 12/31/03 |
_________________________________________________________________
|
| Income
|
|
|
|
|
|
Sales
|
|
|
|
|
|
|
Retail Sales
|
$5,318.00
|
|
|
|
|
|
Wholesale Sales
|
$1,567.50
|
|
|
|
|
|
Consignment Sales
|
$2,000.00
|
|
|
| Total Income
|
$8,885.50
|
|
|
|
|
|
|
| Cost of Sales
|
|
|
|
|
|
Retail Cost of Sales
|
$3,419.31
|
|
|
|
Wholesale Cost of Sales
|
$1,001.33
|
|
| Total Cost of Sales
|
$4,420.64
|
|
|
|
|
|
|
|
| Gross Profit
|
$4,464.86
|
|
|
|
|
|
|
|
| Expenses
|
|
|
|
|
|
Car & Truck Expenses
|
$100.00
|
|
|
|
Freight Paid
|
|
$48.95
|
|
|
|
Insurance (other than health)
|
|
$45.00
|
|
|
|
Interest
|
|
|
|
|
|
|
Other Interest
|
$750.00
|
|
|
|
|
Legal & Professional Services
|
|
$178.90
|
|
|
|
Lease Expenses
|
|
|
|
|
|
|
Machinery & Equipment
|
$100.00
|
|
|
|
|
|
Other Business Property
|
$12.00
|
|
|
|
|
Supplies
|
|
$150.00
|
|
|
|
Taxes
|
|
$50.00
|
|
|
|
Travel, Meals & Entertainment
|
|
|
|
|
|
|
Meals & Entertainment
|
$1,000.00
|
|
|
|
|
Utilities
|
|
$450.00
|
|
|
|
Wages Paid
|
|
$750.00
|
|
|
|
Other Expenses
|
|
|
|
|
|
|
|
|
|
| Total Expenses
|
|
|
$3,634.85
|
|
|
|
|
|
|
| Operating Profit
|
|
|
$830.01
|
|
|
|
|
|
|
|
| Other Income
|
|
|
|
|
|
|
|
|
|
| Other Expenses
|
|
|
|
|
|
|
|
|
|
|
| Net Profit/(Loss)
|
|
|
$830.01
|
