profit and loss account


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Noun1.profit and loss account - an account compiled at the end of an accounting period to show gross and net profit or loss
account statement, accounting, account - a statement of recent transactions and the resulting balance; "they send me an accounting every month"
References in periodicals archive ?
ACME LTD Consolidated Profit and Loss Account for the Year to 31st December 2000 Year to 31-12-00 [pounds sterling]000 Turnover 999.
The group's decision not to credit a pensions contribution against its profit and loss account would also hit the full-year figure.