profit and loss account

American  

noun

1. income account.

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Etymology

Origin of profit and loss account

First recorded in 1720–30

Example Sentences

See Examples For:

profit and loss account

"How can anybody factor that in to their profit and loss account? To pick a figure out of the air, and say you've got to pay it, I think is unfair."

From BBC ● Nov. 12, 2022

To make this practical, Haier has broken down its 80,000 workforce into hundreds of internal micro companies, each with a profit and loss account even when they are only supplying internal corporate customers.

From BBC ● Oct. 22, 2013

It hurt him to see that little three dollars go on the profit and loss account.

From Tales of the Road by Crewdson, Charles N. (Charles Newman)

Let men call him a rogue, despot, or thief, and he would shrug his shoulders and glance aside at his profit and loss account.

From Aladdin of London or, Lodestar by Pemberton, Max, Sir

It barely paid its own operating expenses in summer, and the costly snow blockades in winter went to the wrong side of the profit and loss account.

From Empire Builders by Hambidge, Jay