- profit and loss account reserve
- A reserve that contains the balance of retained earnings to carry forward. It is fully distributable and shown as part of shareholders' reserves on the balance sheet
Accounting dictionary. 2014.
profit and loss account reserve
Look at other dictionaries:
profit and loss account — 1. A statement showing a company s income and expenditure over a period of time, usually one year. Part of the financial statements of the company. Dresdner Kleinwort Wasserstein financial glossary 2. A reserve in a company s balance sheet,… … Financial and business terms
profit — / prɒfɪt/ noun money gained from a sale which is more than the money spent on making the item sold or on providing the service offered ♦ profit after tax profit after tax has been paid ♦ to take your profit to sell shares at a higher price than… … Marketing dictionary in english
profit — / prɒfɪt/ noun money gained from a sale which is more than the money spent on making the item sold or on providing the service offered ♦ to take your profit to sell shares at a higher price than was paid for them, and so realise the profit,… … Dictionary of banking and finance
reserve accounting — The transfer of items directly to reserves, rather than through the profit and loss account. In certain instances this may be permitted, for example in making prior period adjustments … Accounting dictionary
investment revaluation reserve — A reserve created by a company with investment properties, if these properties are included in the balance sheet at open market value. Changes in the value of investment properties should be disclosed as movements on the investment revaluation… … Accounting dictionary
investment revaluation reserve — A reserve created by a company with investment properties, if these properties are included in the balance sheet at open market value. Changes in the value of investment properties should be disclosed as movements on the investment revaluation… … Big dictionary of business and management
Capital Reserve — A part of shareholders funds that comes from a revaluation of capital assets and not from the normal operations that are recorded in the profit and loss account. * * * capital reserve UK US noun [C, usually plural] ACCOUNTING, FINANCE ► an… … Financial and business terms
non-distributable reserve — UK US noun [C, usually plural] (also non distributable profit) ► FINANCE profit made by a company that is not available to pay as dividends to shareholders: »Included in the Profit and Loss Account of the company are non distributable reserves … Financial and business terms
debenture redemption reserve — A capital reserve into which amounts are transferred from the profit and loss account for debentures that are redeemable at a future date. The aim is to limit the profits available for distribution, although the reserve does not provide the… … Accounting dictionary
international payment and exchange — ▪ economics Introduction international exchange also called foreign exchange respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… … Universalium
