Can somebody with adequate knowledge in accounting PLEASE help me?

Fixed costs are the items you pay the same amount of money for each month this is typically rent, advertising (only if you pay a monthly rate) sometimes advertising can be both a fixed and a variable expense. For instance you may pay a newspaper 200$ per month for advertising your business with a quarter page ad each issue (fixed) and then pay "per click" advertising on google (variable, because it changes depending on how many people click on your ad). Anything that you spend money on including, supplies, utilities, rent, shares, workers, taxes, bank fees, business related gas mileage and repairs should be included in your expense column of the break even report. Sometimes you have to look at a whole quarter for these expenses and revenues. For these items take a three month log of everything you purchased or spent money on and divide it by three. So if you had to fix a screen printer in the first month of the quarter and that cost you 300$ divide it by 3 and add 100$ to your repair costs for each month. You want to then add all of your revenues for each month meaning anything you made money from. Money does not count if it is still receivable, that means that if someone bought x amount of t-shirts from you on credit one week ago but the payment has not processed yet, it is NOT revenue. after you have added all of your expenses and all of your revenues you subtract the expenses from the revenues so it's REVENUES - EXPENSES = PROFIT ( hopefully, it often equals debt with a new business)