CH07 Profit and Loss Statement August 2026

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Beautiful Blooms Floral Co.- Praveetha Prakash Profit and Loss July - August, 2026 Total INCOME Everyday Flowers and Workshops 2,925.00 Sales of Product Income 5,000.00 Special Occasions 2,825.00 Total Income $ 10,750.00 COST OF GOODS SOLD Flower Purchases and Supplies 1,425.88 Supplies and materials - COS 706.85 Total Cost of Goods Sold $ 2,132.73 GROSS PROFIT $ 8,617.27 EXPENSES Bank charges 25.00 Dues and Subscriptions 417.08 Legal and professional fees 132.74 Accounting Support 500.00 Total Legal and professional fees $ 632.74 Meals and entertainment 113.00 Office expenses 311.27 Promotional 236.06 Rent Expense 75.00 Rent or lease payments 1,100.00 Repair and maintenance 550.00 Total Expenses $ 3,460.15 OTHER INCOME Interest earned 6.50 Total Other Income $ 6.50 OTHER EXPENSES Charitable Donations 50.00 Total Other Expenses $ 50.00 PROFIT $ 5,113.62 Sunday, Jul. 23, 2023 10:50:18 p.m. GMT-7 - Accrual Basis
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