profit and loss account

How To Use profit and loss account In A Sentence

• If a profit and loss account were to be produced measuring the political parties' recent success in dealing with business, the bottom line would surely be zero. Times, Sunday Times
• The cost is charged directly to the profit and loss account.
• The directors recommend that ￡9,239,000 be transferred to the profit and loss account as set out in note 19 on page 41.
• In another year, a capital receipt was credited to the profit and loss account but shown as an extraordinary item.
• The company said that these costs were expensed through the profit and loss account in the normal way and were a cost-efficient way for Elan to remunerate staff.
• I have a group of people working for me who do nothing but examine other industries, and they have been feeding me information about cinema owners' profit and loss accounts.
• Rental income under operating leases is hereby credited to the profit and loss account on a straight-line basis over the lease term.
• Share options simply broaden the ownership of the company, involve no cash outflows and are not a cost that should be expensed to the profit and loss account.
• He believes there are creditors and shareholders who believe the club's worth cannot be summed up in a profit and loss account.
• The only difficult figure in the balance sheet, apart from the profit and loss account balance, is the minority interest.