profit and loss account
Definition
Alternative term for revenue account.
profit and loss account is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
profit and loss account appears in the definitions of the following terms:
comparative financial statement,
revenue account,
recognition of expense,
bad debt provision,
balance sheet exposure,
appropriation account,
accounts,
indirect method cash flow statement,
loan application,
cash flow statement
and
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