QB_Cloud _Jeremy_Johnson

PROFIT AND LOSS

October 1 - November 12, 2018

TOTAL
Income
401 Sales 6,000.00
Sales of Product Income 10,000.00
Total Income $16,000.00
Cost of Goods Sold
501 Cost of Goods Sold 5,000.00
Total Cost of Goods Sold $5,000.00
GROSS PROFIT $11,000.00
Expenses
601 Advertising Expense 375.00
603 Bank Charges Expense 20.00
605 Dues & Subscriptions 150.00
609 Freight & Delivery Expenses 153.80
619 Meals and Entertainment Expense 172.80
621 Office Supplies Expense 338.67
625 Repair & Maintenance Expense 140.00
627 Freight + Delivery Expenses 47.00
629 Stationery & Printing Expense 553.18
633 Telephone Expense 316.64
635 Utilities Expense 163.32
Total Expenses $2,430.41
NET OPERATING INCOME $8,569.59
NET INCOME $8,569.59

Accrual Basis Monday, March 4, 2019 05:20 PM GMT-8 1/1