hello can you help me to explain the Statement of profit or loss? this is for my exam. thank you so much

Jas Tine won a concession to rent out bicycles in the Burnham Park during summer. During the month of May 2022, Jus Tine completed the following transactions for her bicycle Statement of Profit or Loss rental business: May 2 Began business by placing P120,000 in a business checking account. 3 Purchased supplies on account for P1,500. 4 Purchased ten bicycles for P25,000, paying P12,000 down and agreed to pay the balance in thirty days. 5 Paid P29,000 in cash for a furnished container to store the bicycles and use for other operations. 6 Received P4,700 in cash for rentals during the first week of operation. 8 Paid P4,000 in cash for shipping and installation costs to place the container at the park entrance. 9 Hired a part-time assistant to help on weekends. 10 Paid a maintenance person P750 to clean the grounds. 13 Received P5,000 in cash for rentals during the second week of operation. 16 Paid the assistant P480 for a weekend's work. 17 Paid for the supplies purchased on May 3. 18 Paid a P550 repair bill on bicycles. 20 Received P5,500 in cash for rentals during the third week of operation. 22 Paid the assistant P480 for a weekend's work. 23 Billed an entity P1,100 for bicycle rentals for employees' outing. 25 Paid the P3,000 fee for May to the Park Administration for the right to the bicycle concession. 27 Received P4,100 in cash for rentals during the week. 29 Paid the assistant P480 for a weekend's work. 30 Transferred P5,000 to personal checking account