Account- Profit & Loss Appropriation,
Account- Profit & Loss Appropriation Definition:
The accounting format required by the IRDA regulations is used to represent the distribution of net income balance between profits, transfers to common reserves or reserves of profit equity, etc.
Literal Meanings of Account- Profit & Loss Appropriation
Meanings of Account:
Details of reports or events or experiences.
Records or reports of financial income and expenses related to a particular period or purpose.
An agreement under which the organization retains funds on behalf of the customer or provides goods or services to the customer on credit.
An agreement that gives users access to a computer, website or application by personally entering a username and password.
Seeing or seeing in a certain way.
Sentences of Account
A detailed explanation of what has been achieved
Synonyms of Account
description, report, version, story, narration, narrative, statement, news, explanation, exposition, interpretation, communiqué, recital, rendition, sketch, delineation, portrayal, tale, financial record, book, ledger, journal, balance sheet, financial statement
Meanings of Profit:
The difference between the financial benefit, especially the money received and the money spent to buy, run or produce something.
Get financial benefits or benefits, especially from an investment.
Sentences of Profit
The only people who benefit from the whole incident are lawyers
Synonyms of Profit
financial gain, gain, return, returns, payback, dividend, interest, yield, surplus, excess, make money, make a killing, make a profit
Meanings of Loss:
The fact or action of losing someone else.
Sentences of Loss
Don't waste your time
Synonyms of Loss
mislaying, misplacement, dropping, forgetting, overlooking
Meanings of Appropriation:
Taking something for one's own use, usually without the owner's permission.
An amount of money or an amount of assets that is for a particular use.
Sentences of Appropriation
Use of community funds
Success in getting project credit
Synonyms of Appropriation
acquisition, acquiring, obtaining, gaining, earning, winning, securing, procuring, procurement