Example sentences of "profit and [noun] [noun] in the " in BNC.
Next page| No | Sentence |
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| 1 | If , over the years , the balance of probabilities has shifted so that balances previously included as creditors now seem unlikely ever to be paid , it would be appropriate for the balances in question to be removed from creditors , with the corresponding credit in either profit and loss account or , if the sums are material and the adjustment arises from a fundamental error , the profit and loss reserves in the balance sheet . |
| 2 | Expenditure on pure and applied research is charged to the profit and loss account in the year in which it is incurred . |
| 3 | Development costs are also charged to the profit and loss account in the year of expenditure , except when individual projects satisfy the following criteria : the project is clearly defined and related expenditure is separately identifiable ; the project is technically feasible and commercially viable ; current and future costs will be exceeded by future sales ; and adequate resources exist for the project to be completed . |
| 4 | Contributions to the company 's defined contribution pension scheme are charged to the profit and loss account in the year in which they become payable . |
| 5 | Contributions to the company 's defined contribution pension scheme are charged to the profit and loss account in the year in which they become payable . |
| 6 | During 1992 , £400 million was transferred from merger reserve to profit and loss account in the Company , following the write down of its investment in Ultramar by £412 million . |
| 7 | All expenditure on research and development including the cost of patents and trade marks is written off to the profit and loss account in the year in which it is incurred . |
| 8 | Operating lease rentals are charged in the profit and loss account in the year in which they arise . |
| 9 | Rental payments made under operating leases are charged to profit and loss account in the period to which they relate . |
| 10 | The benefit of the reduced funding rate to profit and loss account in the year was £0.7m ( 1992 £0.5m ) . |
| 11 | Thus period costs will be recognized in the profit and loss account in the accounting period when they are incurred . |