NOUN
- an account compiled at the end of an accounting period to show gross and net profit or loss
How To Use profit and loss In A Sentence
- It also has summary statements for profit and loss, balance sheets and cash flow.
- The remaining notes either amplify particular profit and loss and balance sheet lines, or convey general additional data. Finance for the Non-Financial Manager
- Are losses being taken and shown on the profit and loss account or balance sheet?
- Goldman instituted banker "profiles, " a sort of daily profit and loss statement, to see how much business its employees and clients were doing.
- Now, the fair value of the option will be imputed at the time of issue and amortized as an expense in the profit and loss account over the vesting period.
- It is a labor to task the faculties of a man — such problems of profit and loss, of interest, of tare and tret, and gauging of all kinds in it, as demand a universal knowledge. Walden
- Typically an Information memorandum would include three years historic profit and loss accounts and balance sheets.
- The only difficult figure in the balance sheet, apart from the profit and loss account balance, is the minority interest.
- The new Time is only part - and probably not even the largest part - of a line item on a quarterly profit and loss statement.
- The contingent liability has now crystallised into a €113 million charge in the profit and loss account.