Surfing Shops Australia- Vishwa Shah 45101720.

Surfing Shops Australia- Vishwa Shah
45101720
Profit & Loss Statement
July 2018
14-05-19
6:07:45 PM
4-0000 Income
4-1000 Sales
4-1100 Surfboards $14,691.82
4-1200 Surfboard finds $5,418.91
4-1300 Surf gear $1,564.56
4-1400 Wetsuits & gear $13,434.54
Total Sales $35,109.83
4-2000 Shipping Fee Collected $899.99
4-3000 Discount Taken $150.09
Total Income $36,159.91
5-0000 Cost Of Sales
5-1000 Retail Cost of Sales
5-1100 COGS - Surfboards $12,602.87
5-1200 COGS- Surfboard fins $4,536.07
5-1300 Surf gear $1,657.58
5-1400 Wetsuits & gear $12,290.00
5-3000 Discounts Given $373.40
5-5000 Freight in $145.45
Total Cost Of Sales $31,605.37
Gross Profit $4,554.54
6-0000 Expenses
6-1000 Selling, General & Admin Exp.
6-1100 Legal & Professional Fees $27,500.00
6-1600 Bad Debt $4,397.80
6-1700 Bank Charges $2,500.00
6-3000 Operating Expenses
6-3050 Depreciation-Warehouse Equip $120.83
6-3100 Depreciation- Truck $2,683.33
6-3200 Depreciation- Furniture & Fix $143.33
6-3300 Depreciation-Warehouse $166.67
6-4200 Postage $477.27
6-4300 Printing $431.82
6-4600 Telephone & Internet $681.82
6-5000 Salary & Employment Expenses
6-5200 Staff Amenities $613.64
6-5500 Superannuation $10,650.25
Total Expenses $50,366.76
Operating Profit ($45,812.22)
8-0000 Other Income
8-1000 Interest Income $2,450.50
Total Other Income $2,450.50
9-0000 Other Expenses
Net Profit / (Loss) ($43,361.72)