Ocean View Flowers

Income Statement ch 11
for the two months ended February 29, 2016

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lbnQgY2ggMTE Jan - Feb 16 % of Income
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Ordinary Income/Expense
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AAAAAAAAAA Income
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AAAAAAAAAASales 113,300 100%
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Total Income 113,300 100%
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AAAAAAAAAA Cost of Goods Sold
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AAAAABEVwECost of Goods Sold 38,400 34%
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AAAAAAAAQA Total COGS 38,400 34%
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Gross Profit 74,900 66%
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AAAAAAAAAA Expense
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AAAAAAAAgk Payroll Expenses 39,770 35%
RXBQByBgX3AReconciliation Discrepancies 13,848 12%
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AAAAAAAAAADepreciation Expense 3,100 3%
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AAAAAAAAAARent Expense 3,000 3%
AAAAAAAAAAUtilities 500 0%
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AAAAAAAAAATelephone Expense 400 0%
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AAAAAAAAAABank Service Charges 155 0%
AAAAAAAAAAInsurance Expense 100 0%
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AAAAAAAAAASubscription Expense 60 0%
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AAAAAAAAAAInterest Income (250) -0%
AAAAAAAAAA Total Expense 60,683 54%
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Net Ordinary Income 14,217 13%
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Net Income 14,217 13%
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