2023 Profit and Loss Statement Template 8842-6_Redacted.pdf

This document is a 2023 IRS Schedule C (Form 1040) Profit or Loss from Business tax form for Jonathan P. Cable, who operates Jonathan Cable DBA See-Food BBQ, a business located at 16500 E 135th Rd in Marshall, Illinois. The form details the business's financial performance for the 2023 tax year, with the business reporting gross receipts of $8,773 and total expenses of $11,649, resulting in a net loss of $20,562.

The tax document reveals specific business expense categories including $354 for advertising, $5,819 for depreciation, $367 for insurance, $1,160 in travel and meals, $321 in taxes and licenses, $2,936 in wages, and $142 in pension and profit-sharing plans. The business appears to be a sole proprietorship using cash accounting method, with purchases of $14,096 and labor costs of $3,355. The form includes a stamp from the Department of Natural Resources indicating it was received on March 4, 2024, by the Division of Real Estate Services and Consultation.