profit and loss account in a sentence
1) The profit and loss account should follow the standard format.
2) Each hotel prepares its own profit and loss account .
3) How do debtors affect the profit and loss account ?
profit and loss account example sentences
4) Disclose the total exchange difference charged to profit and loss account .5) Profit and loss account Audit Objectives 1.
6) In both, the profit and loss account reflects its respective achievements.
7) The rental income will show up on the profit and loss account .
8) Other exchange gains and losses are taken to the profit and loss account .
9) Draw up a balance sheet and profit and loss account for Stern.
10) At the beginning of last season we prepared our profit and loss accounts .
11) Described the purpose of the balance sheet and the profit and loss account .
12) The minority interest charge in the consolidated profit and loss account was £184,000.
13) The last piece of machinery to take apart is the profit and loss account .
14) In which period should the refund be taken to the profit and loss account ?
15) Joe decides to draw up a profit and loss account for this initial period.
use profit and loss account in a sentence
16) Are losses being taken and shown on the profit and loss account or balance sheet?17) Identify unusual items of revenue and expenditure in the profit and loss account . 3.
18) Typically an Information memorandum would include three years historic profit and loss accounts and balance sheets.
19) The company has taken advantage of the exemption from presenting its own profit and loss account .
20) Prior year consolidated profit and loss accounts have been restated to accord with current accounting practice.
21) It conventionally consists of the budgeted profit and loss account and balance sheet for the organization.
22) All other gains and losses on translation are dealt with in the profit and loss account .
23) What is the purpose of a profit and loss account and who would use it?
24) On 31 December of each year a balance sheet and profit and loss account shall be established.
25) The profit and loss account – a summary of the business's transactions for a given period.
26) The profit and loss account should bear only the net movement in the provisions for unrealised profit.
27) Acquisition of subsidiary during the year required calculate the goodwill written back to profit and loss account .
28) Liabilities were £56,918 and the profit and loss account showed a deficit of £86,512.
How to use profit and loss account in a sentence
29) The profit and loss account shows the increase or decrease in the money held over the year.30) Most fraud impacts on the profit and loss account , where either expenses are overstated or income understated.
31) This is known as depreciation and the annual depreciation figure is shown in the profit and loss account .
32) It is like judging a firm solely on the profit and loss account while ignoring the balance sheet.
33) All companies are obliged to produce a balance sheet and profit and loss account on an annual basis.
34) An additional provision should be made in the profit and loss account for replacement of rail passenger assets.
35) Under FRS 3, the profit and loss account is radically altered, with exceptional items shown separately.
36) What are the completion accounts to comprise: balance sheet, profit and loss account , or both?
37) This is a simple guide to the profit and loss account (income statement) and balance sheet.
38) Based upon your decisions, draw up a profit and loss account for 1990 using the information above.
39) The balance of the profit and loss account represents the net profit or loss for the accounting period.
40) Comment on the situation as revealed by the Balance sheet and profit and loss account of Stern.
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