Profit & Loss Statement [Spreadsheet] report Report Description Reports List Profit & Loss Statement November 2010 to December 2010 November December Total Income Sales Retail Sales (£328.15) £5,318.00 £4,989.85 Wholesale Sales £104.40 £1,567.50 £1,671.90 Consignment Sales £10,045.00 £2,000.00 £12,045.00 Total Income £9,821.25 £8,885.50 £18,706.75 Cost of Sales Retail Cost of Sales (£203.50) £3,419.31 £3,215.81 Wholesale Cost of Sales £70.03 £1,001.33 £1,071.36 Consignment Cost of Sales £5,946.20 £0.00 £5,946.20 Total Cost of Sales £5,812.73 £4,420.64 £10,233.37 Gross Profit £4,008.52 £4,464.86 £8,473.38 Expenses Car & Truck Expenses £0.00 £100.00 £100.00 Carriage Paid £0.00 £48.95 £48.95 Insurance (other than health) £0.00 £45.00 £45.00 Utilities £0.00 £450.00 £450.00 Wages Paid £0.00 £750.00 £750.00 Total Expenses £0.00 £1,393.95 £3,634.85 Operating Profit £4,008.52 £3,070.91 £7,079.43 Net Profit/(Loss) £4,008.52 £3,070.91 £7,079.43