Sample of Profit and Loss statement on Xero
Income Statement (Profit and Loss)
WHITEHORN
For the year ended December 31,-
Income
Carol Meltzer Designs
13,800.00
Coaching Income - Stripe
15,918.00
Coaching Income - Zelle
47,474.00
Consulting Income
40.00
Limerick
67,100.90
Sales
65.90
Total Income
144,398.80
Cost of Goods Sold
Consultants/Contractors
69,599.72
Total Cost of Goods Sold
69,599.72
Gross Profit
74,799.08
Operating Expenses
Bank Service Charges
2,224.32
Education and Training
11,487.33
Internet Expense
803.36
Legal & Professional Fee
1,566.53
Marketing
231.33
Meals & Entertainment
7,029.19
Other Expense
280.55
Postage and Delivery
10,386.00
Sample
100.00
Softwares and Subscription
6,034.79
Telephone
197.49
Travel
2,055.97
Utility
6,846.09
Vehicle Fuel & Gas
2,568.63
Vehicle Repairs & Maintenance
955.88
Vehicles Insurance
4,041.29
Total Operating Expenses
56,808.75
Operating Income
17,990.33
Net Income
17,990.33
Income Statement (Profit and Loss)
WHITEHORN Apr 19, 2025
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