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Family Night Profit & Loss Statement

18 years 1 week ago #121604 by pto-mom-of-4
Replied by pto-mom-of-4 on topic RE: Family Night Profit & Loss Statement
I would in detail list on the left hand side what the item is. Then across the top have two columns one for profit the other for expense and then a total column. I would do it in an Excel Spreadsheet format. So your totals on the right will either be -$20.00 (being an expense) or $50.00 (being a profit). I hope this makes sense.
18 years 1 week ago #121603 by pto-mom-of-4
Replied by pto-mom-of-4 on topic RE: Family Night Profit & Loss Statement
I would in detail list on the left hand side what the item is. Then across the top have two columns one for profit the other for expense and then a total column. I would do it in an Excel Spreadsheet format. So your totals on the right will either be -$20.00 (being an expense) or $50.00 (being a profit). I hope this makes sense.
18 years 1 week ago #121602 by LUVMYKIDS
Let me emphasize the importance of detailing what each item is: It makes it so much easier for the next time if you know that you spent $50 on snacks, $40 on drinks and $10 on napkins and plates, then if you just put refreshments =$100.

Hey Rocky, watch me pull a rabbit out of my hat.
18 years 2 weeks ago #121601 by bolson61
Thanks!

Beth
18 years 2 weeks ago #121600 by njmom
When in doubt, wait until the last minute. (At least, that's my motto!)

I would have two columns - income on the left and expenses on the right. Details on each where you need them. Profit (or loss) should be easy to calculate from there and MS Excel makes it very easy to do that.
18 years 2 weeks ago #121599 by <Beth>
Family Night Profit & Loss Statement was created by <Beth>
I chaired our schools first Family Night of the year. It went pretty well considering. I now need to do a profit & loss statement showing whether we made or lost money. I realize this should be pretty easy to do, but I am drawing a blank on how to create one.

I have to present to the board tomorrow and need some help. Yes, I know I shouldn't have waited until the last minute, but I did.

Thanks,
Beth
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