profit and loss account

Definitions

  • WordNet 3.6
    • n profit and loss account an account compiled at the end of an accounting period to show gross and net profit or loss
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Usage

In literature:

Old Espada has closed my account to profit and loss.
"Cabbages and Kings" by O. Henry
The profit-and-loss account in the long run always balances.
"The Breath of Life" by John Burroughs
It is therefore a good plan to keep a rough profit and loss account of the gold in order to find the quantity in solution.
"On Laboratory Arts" by Richard Threlfall
Mentally he audited his accounts, the profit and loss of this day's doing, and, on the whole, the balance showed upon the profit side.
"The History of Sir Richard Calmady" by Lucas Malet
The "profit and loss" account, or the "revenue account.
"Principles of Mining" by Herbert C. Hoover
Others have carried them along from year to year in a profit and loss account.
"The Express Companies of the United States" by Bert Benedict
A profit and loss account, eight; and an account with William Smith, nine.
"The Works of Robert G. Ingersoll, Vol. 10 (of 12) Dresden Edition--Legal" by Robert G. Ingersoll
In addition to which there was a profit and loss account of $762,298.
"The Story of the Rome, Watertown, and Ogdensburg RailRoad" by Edward Hungerford
When it came to a profit and loss account, the plain woman told me I owed three louis.
"The Memoirs of Jacques Casanova de Seingalt, Vol. III (of VI), "The Eternal Quest" The First Complete and Unabridged English Translation, Illustrated with Old Engravings" by Jacques Casanova de Seingalt
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