Week 1 financial report

Income

  • $14 contributions on site
  • $3 drink sales
  • $16.45 marketing material cost donation

Total income: $33.45

Expenses

  • $16.45 marketing materials, printing, tacks, plastic bags
  • $23.08 rent
  • $2.25 foam cups
  • $1.02 cost of drinks sold

Total expenses:$42.80
Net income: -$9.35

Assets

  • $15 Petty cash
  • $15.37 Drink inventory

Total assets: $30.37

Liabilities

  • $23.08 rent
  • $16.64 owed to Mark

Total liabilities: $39.72
Net worth: $-9.35

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