Jesus Padilla Ch 08 Case 02 Transaction Detail by Account (5).pdf - Case 02 Padilla Budget Overview Budget 1 FY19 P&L Jan-19 Total Income Sales

Jesus Padilla Ch 08 Case 02 Transaction Detail by Account (5).pdf

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Total Income Sales 10,000.00 Service/Fee Income 4,000.00 Total Income $ 14,000.00 Cost of Goods Sold Cost of Goods Sold 5,000.00 Total Cost of Goods Sold $ 5,000.00 Gross Profit $ 9,000.00 Expenses Advertising 500.00 Insurance 425.00 Interest expense 300.00 Meals & Entertainment 250.00 Payroll 9,000.00 Total Expenses $ 10,475.00 Net Operating Income -$ 1,475.00 Net Income -$ 1,475.00 Case 02 Padilla Budget Overview: Budget 1 - FY19 P&L Jan-19 Monday, Sept 03, 2019 05:37:32 PM GMT-7 - Accrual Basis
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Actual Budget over Budget % of Budget Income Sales 9,000.00 10,000.00 -1,000.00 90.00% Service/Fee Income 4,725.00 4,000.00 725.00 118.13% Total Income $ 13,725.00 $ 14,000.00 -$ 275.00 98.04% Cost of Goods Sold Cost of Goods Sold 4,910.00 5,000.00 -90.00 98.20% Total Cost of Goods Sold $ 4,910.00 $ 5,000.00 -$ 90.00 98.20% Gross Profit $ 8,815.00 $ 9,000.00 -$ 185.00 97.94% Expenses Advertising 500.00 500.00 0.00 100.00% Insurance 400.00 425.00 -25.00 94.12% Interest expense 300.00 300.00 0.00 100.00% Meals & Entertainment 240.00 250.00 -10.00 96.00% Payroll 9,224.26 9,000.00 224.26 102.49% Total Expenses $ 10,664.26 $ 10,475.00 $ 189.26 101.81% Net Operating Income -$ 1,849.26 -$ 1,475.00 -$ 374.26 125.37% Net Income -$ 1,849.26 -$ 1,475.00 -$ 374.26 125.37% Monday, Sept 03, 2019 05:37:32 PM GMT-7 - Accrual Basis
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Unformatted text preview: Case 02 Padilla Budget vs. Actuals: Budget 1 - FY19 P&L Jan-19 Jan-19 Reconciliation Report Reconciled on: 09/03/2019 Reconciled by: Jesus Padilla Summary USD Statement beginning balance 10664.26 Checks and payments cleared (8) 11,798.00 Deposits and other credits cleared (2) 3,332.79 Statement ending balance 30,693.47 Uncleared transactions 4500 Register balance 26193.47 Checks and payments cleared (8) Date Type Ref no. Payee Amount (USD) 1/31/2019 Check 1003 Custom Painting Service 4,500.00 1/31/2019 Check 1002 Repair Service 6298 1/31/2019 Check 1001 Accumulated Depreciation 1,000.00 Total 11,798.00 Deposits and other credits cleared (2) Date Type Ref no. Payee Amount (USD) 1/31/2019 Check 1009 Frank Benjamin 2,359.50 1/31/2019 Check 1010 Sara Juarez 973.29 Total 3,332.79 Additional Information Uncleared checks and payments as of 01/7/2019 Date Type Ref no. Payee Amount (USD) 1/7/2019 Check Benzon 4,500.00 Total-4,263.09 Uncleared deposits and other credits as of 01/31/2019 Date Type Ref no. Payee Amount (USD) 1/31/2019 Deposit Benzon 4,500.00 Total 4500 Trial Balance Case 02 Jesus Padilla Checking, Period Ending 01/31/2019 Monday, Sept 03, 2019 05:37:32 PM GMT-7 - Accrual Basis...
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