Profit & Loss [Budget] report Report Description Reports List Profit & Loss [Budget] November 2002 to December 2002 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 Freight 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