INCOME STATEMENT Lawn Mowing, LLC 2021 Twelve Month Comparison 1/31/2021 02/28/2021 03/31/2021 04/30/2021 05/31/2021 06/30/2021 07/31/2021 08/31/2021 09/30/2021 10/31/2021 400 Revenue 411 Reimbursed Expenses 422 Operating Revenue 433 Interest Income 444 Dividend Income 455 Tax Refund 466 Advertising Income 11/30/2021 12/31/2021 10,212 500,145 50 10,854 500,500 10,145 500,050 50 10,564 500,450 50 102,012 10,438 501,400 50 2,500 500,451 50 2,500 10,140 501,580 50 9,954 500,640 50 10,458 500,002 50 2,500 10,478 5,105,000 50 10,150 500,541 50 10,002 505,045 50 2,500 25,000 510,407 511,404 512,695 511,064 628,462 (5,460) 507,979 1 511,770 510,644 513,010 5,115,529 510,741 517,597 Total Revenue 500 Expenses 511 Professional Fees: Accounting 200,000 2,000 522 Taxes: Federal 2,000 185,000 2,000 2,000 2,000 185,000 2,000 2,000 2,000 185,000 2,000 2,000 2,000 185,000 533 Advertising 544 Dues and Memberships 5,000 100 5,460 5,000 5,460 5,000 5,000 100 100 100 100 100 100 5,460 100 5,000 5,460 100 100 5,000 100 5,460 844 555 Gifts 566 Insurance 577 Interest Expense 3,000 1,000 25 500 500 500 500 500 500 500 500 500 500 500 500 (50) Total Expenses Net Income 205,600 8,060 195,550 8,060 7,600 187,600 7,600 8,060 193,600 8,060 7,600 193,829 304,807 503,344 317,145 503,004 620,862 320,379 504,170 502,584 319,410 5,107,469 503,141 323,768 Instructions: Please review the above 2021 twelve month Income Statement comparison. Please highlight cells above and describe below any potential discrepencies along with your process on investigating and resolving the issue. Basics Analytic + -