profit(s) and loss account

  • 1profit and loss account — index budget Burton s Legal Thesaurus. William C. Burton. 2006 profit and loss account …

    Law dictionary

  • 2profit-and-loss account — UK US noun [C] UK (US profit and loss statement) ► ACCOUNTING, FINANCE a document that shows a company s profit or loss in a particular period: »This loss would be shown as a charge in the profit and loss account. → See also EARNINGS REPORT(Cf.… …

    Financial and business terms

  • 3profit and loss account — ► NOUN ▪ an account to which incomes and gains are credited and expenses and losses debited, so as to show the net profit or loss …

    English terms dictionary

  • 4profit and loss account — P & L account 1) An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. 2) A statement of the profit (or loss) of an organization over a financial …

    Accounting dictionary

  • 5profit and loss account — P & L account 1) An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. 2) A statement of the profit (or loss) of an organization over a financial …

    Big dictionary of business and management

  • 6profit and loss account — noun an account compiled at the end of an accounting period to show gross and net profit or loss • Syn: ↑profit and loss • Hypernyms: ↑account, ↑accounting, ↑account statement * * * ˌprofit and ˈloss account [profit and loss account] …

    Useful english dictionary

  • 7profit and loss account — 1. A statement showing a company s income and expenditure over a period of time, usually one year. Part of the financial statements of the company. Dresdner Kleinwort Wasserstein financial glossary 2. A reserve in a company s balance sheet,… …

    Financial and business terms

  • 8profit and loss account — UK / US noun [countable] Word forms profit and loss account : singular profit and loss account plural profit and loss accounts business a document that shows how much money was received and spent by a company during a particular period of time,… …

    English dictionary

  • 9profit and loss account formats — The four formats given for profit and loss accounts by the Companies Act (1985): • vertical format, analysing costs by type of operation and function; • vertical format, analysing costs by items of expense; • horizontal format, analysing costs by …

    Accounting dictionary

  • 10profit and loss account of a company — įmonės pelno (nuostolių) ataskaita statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Finansinė ataskaita, kurioje nurodomos visos įmonės ataskaitinio laikotarpio pajamos, sąnaudos ir veiklos rezultatai – pelnas… …

    Lithuanian dictionary (lietuvių žodynas)