Profit & Loss [Budget] report Report Description Reports List Profit & Loss [Budget] November 2010 to December 2010 November December Total Income Sales Retail Sales £500.00 £5,000.00 £5,500.00 Wholesale Sales £100.00 £1,500.00 £1,600.00 Consignment Sales £11,000.00 £2,500.00 £13,500.00 Total Income £11,600.00 £9,000.00 £20,600.00 Cost of Sales Retail Cost of Sales £450.00 £3,000.00 £3,450.00 Wholesale Cost of Sales £100.00 £1,000.00 £1,100.00 Consignment Cost of Sales £550.00 £4,000.00 £4,550.00 Total Cost of Sales £11,050.00 £5,000.00 £16,050.00 Gross Profit £550.00 £4,000.00 £4,550.00 Expenses Car & Truck Expenses £0.00 £125.00 £125.00 Carriage Paid £0.00 £75.00 £75.00 Insurance (other than health) £0.00 £50.00 £50.00 Utilities £0.00 £400.00 £400.00 Wages Paid £0.00 £700.00 £700.00 Total Expenses £0.00 £1,350.00 £1,350.00 Operating Profit £11,050.00 £785.00 £11,835.00 Net Profit/(Loss) £11,050.00 £785.00 £11,835.00
