Profit & Loss Statement report


Profit & Loss Statement
12/1/06 through 12/31/06

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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