Profit example sentences

Once all the forfeited shares have been reissued, any credit balance on forfeited shares' account is transferred to Capital Reserve representing profit on forfeiture of shares.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.Transfer the profit/loss on sale of investments reflected in the balance of Debenture Redemption Fund Investment Account to Debenture Redemption Fund Account.Interest on debenture is a charge against the profit of the company and must be paid whether the company has earned any profit or not.More and more firms are making forays into international business which presents them with numerous opportunities for growth and increased profits.The conditions of workers could not improve as long as this profit was accumulated by private capitalists.The balance of this amount is transferred to the profit and loss account.Non-convertible debentures Where a company issued debentures after the commencement of this Act, it shall create a Debenture Redemption Reserve for the redemption of such debentures, to which adequate amount shall be credited, from out of its profit every year until such debentures are redeemed.Explanation of the nature of the Principal Financial Statements prepare by Not-for- Profit enterprises: Not-for-Profit Organisations that maintain accounts based on the double-entry system of accounting, generally prepare three principal statements to fulfil their information needs.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.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 amount transferred to general reserve or any specific reserve is shown in the appropriation part of the profit and loss account and added to the concerned reserve shown under the heading 'Reserves and Surplus' in the balance sheet.The richer farmers expanded grain production, sold this grain in the world market, made profits, and became powerful.Similarly, the RBI sees that the banks give loans not just to profit-making businesses and traders but also to small cultivators, small scale industries, to small borrowers etc.It may also help to reduce the disclosed profits and also the tax liability .