Profit example sentences

Hence they need not maintain many books of account (as the trading concerns do) and Trading and Profit and Loss Account.This is called Sinking Fund method according to while the company makes necessary arrangements is sets aside a part of divisible profit every year and invest the same outside the business in marketable securities.The temporary accounts are closed at the end of the accounting period by transferring them to the trading and profit and loss account.It determines the probable profit and losses at different levels of activity.When, as per terms of the issue, the debentures are to be redeemed in instalments beginning from a particular year, the actual debentures to be redeemed are selected usually by draw of lots, and the redemption to be made either out of profits or out of capital.Business refers to those economic activities which are connected with the production or purchase and sale of goods or supply of services with the main object of earning profit.The analysis also provides the basis for many governmental actions relating to licensing, controls, fixing of prices, ceiling on profits, dividend freeze, tax subsidy and other concessions to the corporate sector.As a result, cost of production may increase which, in turn, may reduce profits.Private companies, contractors, businesspersons normally want to make as much profit as they can.Similarly, Pi, Ini, Ri be the gross profits, interest payments and rents received by the i-th household in a particular year.Profits are often used by the producers in the next period to buy new machinery or to build new factories, so that production can be expanded.In other words, one has to ensure that full years interest on debentures is charged to profit and loss account and the unpaid part, if any, must be shown as outstanding interest in the balance sheet on the liabilities side.He will obviously like to enter that branch of industry and commerce, which has the possibility of greater amount of profits.In France, publishers found that they could make super profits by hiring out novels by the hour.Although earning profit cannot be the only objective of business, its importance cannot be ignored.

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