accounting operations

profilehardydemarri18
CH13IncomeStatementDec2026.xlsx

Profit and Loss

Raincross Auto Detailing (Ashanti Hardy)
Profit and Loss
December 2026
Total
Income
Sales of Product Income 406.00
Services 21,577.20
Total Income $21,983.20
Cost of Goods Sold
Cost of Goods Sold 217.61
Inventory Shrinkage 131.96
Total Cost of Goods Sold $349.57
Gross Profit $21,633.63
Expenses
Advertising & Marketing 600.00
Ask My Accountant 2,000.00
Automobile expenses 64.92
Bank Charges & Fees 3.50
General Operating Expense 2,364.33
Insurance 154.30
Meals & Entertainment 116.59
Office Supplies & Software 517.85
Other Business Expenses -600.00
Rent & Lease 4,500.00
Repairs & Maintenance 418.11
Service Supplies 1,790.91
Utilities 452.85
Total Expenses $12,383.36
Net Operating Income $9,250.27
Net Income $9,250.27
Saturday, Jun 12, 2021 09:35:02 PM GMT-7 - Accrual Basis