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account vs profit and loss

profit and loss vs account

account and profit and loss both are nouns.

account is a verb but profit and loss is not a verb.

Word NounAdjectiveVerbAdverb
account Yes No Yes No
profit and loss Yes No No No
As nouns, profit and loss is a hyponym of account; that is, profit and loss is a word with a more specific, narrower meaning than account:
  • account: a statement of recent transactions and the resulting balance
  • profit and loss: an account compiled at the end of an accounting period to show gross and net profit or loss
account (noun) profit and loss (noun)
the quality of taking advantage an account compiled at the end of an accounting period to show gross and net profit or loss
importance or value
a record or narrative description of past events
an itemized statement of money owed for goods shipped or services rendered
a short account of the news
a statement that makes something comprehensible by describing the relevant structure or operation or circumstances etc.
the act of informing by verbal report
grounds
a statement of recent transactions and the resulting balance
a formal contractual relationship established to provide for regular banking or brokerage or business services
account (verb) profit and loss (verb)
furnish a justifying analysis or explanation
to give an account or representation of in words
keep an account of
be the sole or primary factor in the existence, acquisition, supply, or disposal of something
Difference between account and profit and loss

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