WordCmp.com

account statement vs profit and loss

profit and loss vs account statement

account statement and profit and loss both are nouns.

Word NounAdjectiveVerbAdverb
account statement Yes No No No
profit and loss Yes No No No
As nouns, profit and loss is a hyponym of account statement; that is, profit and loss is a word with a more specific, narrower meaning than account statement:
  • account statement: 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 statement (noun) profit and loss (noun)
a statement of recent transactions and the resulting balance an account compiled at the end of an accounting period to show gross and net profit or loss
Difference between account statement and profit and loss

© WordCmp.com 2024, CC-BY 4.0 / CC-BY-SA 3.0.