ABC Landscaping 1st Quarter Profit & Loss Statement
1. ABC Landscaping
Profit & Loss Statement
January
Total Income $5,000.00
Expenses
Car $200.00
Equipment $1,000.00
Repair $300.00
Advertising $300.00
Depreciation $100.00
Meals & Entertainment $100.00
Cash draw $1,000.00
Total Expenses $3,000.00
Net Income $2,000.00
January Expenses Car
7%
Cash draw
33%
Equipment
34%
Meals & Repair
Entertainment 10%
3%
Depreciation
3% Advertising
10%
2. ABC Landscaping
Profit & Loss Statement
February
Total Income $2,000.00
Expenses
Car $200.00
Equipment $1,000.00
Repair $1,100.00
Advertising $300.00
Depreciation $0.00
Meals & Entertainment $0.00
Cash draw $1,000.00
Total Expenses $3,600.00
Net Income -$1,600.00
February Expenses
$1,200.00
$1,000.00
$800.00
$600.00
$400.00
$200.00
$0.00
3. ABC Landscaping
Profit & Loss Statement
March
Total Income $4,000.00
Expenses
Car $200.00
Equipment $300.00
Repair $100.00
Advertising $300.00
Depreciation $0.00
Meals & Entertainment $0.00
Cash draw $1,000.00
Total Expenses $1,900.00
Net Income $2,100.00
March Expenses Car
10%
Equipment
16%
Cash draw
53%
Advertising Repair
16% 5%
Meals &
Entertainment Depreciation
0% 0%
4. ABC Landscaping
Profit & Loss Statement
1st Quarter
Total Average
Total Income $11,000.00 $3,666.67
Expenses
Car $600.00 $200.00
Equipment $2,300.00 $766.67
Repair $1,500.00 $500.00
Advertising $900.00 $300.00
Depreciation $100.00 $33.33
Meals & Entertainment $100.00 $33.33
Cash draw $3,000.00 $1,000.00
Total Expenses $8,500.00 $2,833.33
Net Income $2,500.00 $833.33
Total v. Average Expenses
$3,000.00
$2,500.00
$2,000.00
$1,500.00
$1,000.00
$500.00
$0.00 Total
Average