Workspace/Income Statement (P&L)

Income Statement (Statement of Operations)

US GAAP Accrual Statement of Profit & Loss for Harbor Ridge Marine LLC · Period 2026-12

Total Net Revenue

$36,700.00

Services & Merchandise

Gross Profit

$23,850.00

65.0% gross margin

Operating Income (EBIT)

$23,850.00

65.0% operating margin

Net Operating Income

$23,885.04

65.1% net margin

Statement of Operations · Period Ended 2026-12

Harbor Ridge Marine LLC · Functional Currency USD · Accrual Basis

Net Margin: 65.1%
Accounting Line / Account CodeCredit / RevenueDebit / CostNet Subtotal
Revenues
4000 · Service & Consulting Revenue$12,200.00$12,200.00
4100 · Product Sales Revenue$24,500.00$24,500.00
Total Operating Revenues$36,700.00$36,700.00
Cost of Goods Sold (COGS)
5000 · Direct Merchandise Costs (FIFO)$12,850.00($12,850.00)
Gross Profit$23,850.00
Operating Expenses
6100 · Selling & Marketing$0.00($0.00)
6200 · General & Administrative (Rent, Legal, Software)$0.00($0.00)
Total Operating Expenses$0.00($0.00)
Operating Income (EBIT)$23,850.00
Other Income & Expenses
6300 · Realized Foreign Exchange Gain / Loss$35.04$35.04
Net Operating Income$23,885.04
Statement generated directly from General Ledger journal lines. Sales taxes collected are excluded from revenue and held in Account 2200 (Sales Tax Payable) until remitted.