Profit and Loss Statement Example:
| Sno Cone Business | |||||||
| Profit & Loss Report | |||||||
| January through March 2011 |
Jan | Feb | Mar | Total | |||
| Ordinary Income/Expense | |||||||
| Income | |||||||
| Sno Cone Sales | 1000 | 2500 | 6000 | 9500 | |||
| Sno’ T-Shirts | 500 | 600 | 1000 | 2100 | |||
| Total Income | 1500 | 3100 | 7000 | 11600 | |||
| Cost of Goods Sold | |||||||
| Sno Cone Costs | 600 | 1000 | 2000 | 3600 | |||
| T-Shirt Costs | 200 | 200 | 1000 | 1400 | |||
| Total COGs | 800 | 1200 | 3000 | 5000 | |||
| Gross Profit | 700 | 1900 | 4000 | 6600 | |||
| Expense | |||||||
| Wagon Expenses | 200 | 200 | 200 | 600 | |||
| Staff Expenses | 600 | 1000 | 1500 | 3100 | |||
| Supplies Expenses | 100 | 100 | 100 | 300 | |||
| Marketing Expenses | 200 | 200 | 200 | 600 | |||
| Overhead Expenses | 600 | 600 | 600 | 1800 | |||
| Total Expense | 1700 | 2100 | 2600 | 6400 | |||
| Net Ordinary Income | -1000 | -200 | 1400 | 200 | |||
| Net Income | -1000 | -200 | 1400 | 200 | |||