profit and loss in a sentence

Example sentences for profit and loss

Close all profit and loss accounts to a single retained earnings account in total for a business unit.
All other items of profit and loss recognized during a year shall be included in the determination of net income for that year.
Each member reports individual share of profit and loss on their individual income tax returns.
But, unlike hedge funds, sovereign-wealth funds are not necessarily driven by the pressures of profit and loss.
They teeter between profit and loss, winning and losing, loving and hating.
Reviews profit and loss statements and recommends actions to maintain adequate profit margin.
These statements consist of a balance sheet and a profit and loss statement.

Famous quotes containing the word profit and loss

Phlebas the Phoenician, a fortnight dead, Forgot the cry of gulls, and the deep sea swell And the profit and loss<... more
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