Photography Profit and Loss Statement
This Photography Profit and Loss Statement summarizes income, expenses, and profits, helping assess financial performance for decision-making.
For the Period Ending: December 31, 2050
I. Revenue
Category | Amount ($) |
---|
Photography Services | 25,000 |
Print and Product Sales | |
Licensing/Stock Photography | |
Workshops/Training Fees | |
Total Revenue | |
II. Cost of Goods Sold (COGS)
Category | Amount ($) |
---|
Prints and Products | 1,800 |
Photography Equipment Rentals | |
Outsourced Editing/Retouching | |
Total COGS | |
Gross Profit: [$29,800]
III. Operating Expenses
Category | Amount ($) |
---|
Rent (Studio/Office) | 1,200 |
Utilities (Electricity, Internet) | |
Insurance (Liability, Equipment) | |
Salaries/Wages (Contractors) | |
Marketing and Advertising | |
Travel and Transportation | |
Equipment and Software | |
Office Supplies | |
Professional Fees (Legal, etc.) | |
Total Operating Expenses | |
Operating Income: [$22,950]
IV. Operating Income
Category | Amount ($) |
---|
Interest Income | 0 |
Interest Expenses | |
Total Non-Operating Income/Expenses | |
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