Week one and two financial report

Income

  • $65 admission contributions
  • $9 drink sales
  • $16.45 marketing material contributed

Total income: $90.45

Expenses

  • $16.45 marketing materials, printing, tacks, plastic bags
  • $46.16 rent
  • $2.25 foam cups
  • $3.07 cost of drinks sold

Total expenses:$67.93
Net income: $22.50

Assets

  • $55 Petty cash
  • $15.37 Drink inventory
  • $15 Held by Mark in trust

Total assets: $83.32

Liabilities

  • $46.16 rent
  • $14.64 owed to Mark

Total liabilities: $60.80
Net worth: $22.52

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