profit and loss account

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profit and loss account

an account that shows the revenue and expenditure of a business during a given period, resulting in a net profit or loss, and provides a link between successive balance sheets.

Collins Dictionary of Law © W.J. Stewart, 2006

References in periodicals archive ?

"Had the expense been treated correctly, with the pounds 5,000 charged to the profit and loss account in year one, the company would have obtained the full tax relief immediately, reducing its corporation tax liability and benefiting cash flow," said Mr Williams.

Bosses warned over ruling on tax

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Profilograph
Profilometer
Profilometer
PROFIN
Profinet Input Output
PROFIS
profit
profit
profit
profit
profit
profit
profit
Profit & Loss
Profit (real estate)
Profit (real estate)
Profit a prendre
Profit a prendre
profit à prendre
profit à prendre
Profit after Capital Charge
Profit after Direct Expenses
Profit After Interest and Tax
Profit After Tax
Profit After Tax
Profit After Tax and Minority Interests
Profit and Cash Turnaround
profit and loss
profit and loss
profit and loss
profit and loss account
profit and loss accounts
profit and loss accounts
Profit and Loss Sharing
Profit and loss statement
Profit and loss statement
Profit and Loss Statements
Profit and Loss Statements
Profit and Loss Transfer Agreement
Profit and Overhead
Profit before Deduction of Income Tax
Profit Before Depreciation and Tax
Profit Before Depreciation Interest and Taxes
Profit Before Interest and Tax
Profit Before Interest, Depreciation & Taxes
Profit Before Interest, Tax and Amortisation
Profit Before Interest, Tax, Depreciation and Amortization
Profit Before Overhead
Profit Before Tax
Profit Before Taxation and Amortisation
Profit Before Unusuals & Tax
profit by
profit by (something)
profit center
profit center
Profit Center Accounting
profit centers
profit centers
Profit centre
Profit centre
Profit centre
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