Page 7 - Full Q1 Financial Report 2021
P. 7
Green Mountain Firewood
Profit and Loss
January 1-29, 2021
TOTAL
Income
Total Income
Cost of Goods Sold
Packaging 608.53
Printing 16,748.00
Total Packaging 17,356.53
TESTING 999.00
Total Cost of Goods Sold $18,355.53
GROSS PROFIT $ -18,355.53
Expenses
Advertising & Marketing
Promotional Events 2,500.00
Website 180.00
Total Advertising & Marketing 2,680.00
Ask My Accountant 112.00
Bank Charges & Fees 7.00
COMPUTER SOFTWARE & APPLICATIONS 333.07
Education 19.95
Insurance
Certificate Fees 260.00
General Liability 2,652.66
Total Insurance 2,912.66
Job Supplies 39.99
Legal & Professional Services
Legal 11,410.50
Patent Expenses 3,100.00
Total Legal & Professional Services 14,510.50
Office Expenses
Office Supplies 105.14
Postage 38.25
Sales Tools 136.57
Telephone & Internet 376.84
Total Office Expenses 656.80
Payroll
Current Employee Payroll 7,128.00
Payroll Settlements 5,036.47
Total Payroll 12,164.47
Accrual Basis Tuesday, March 30, 2021 05:51 PM GMT-04:00 1/2
