单词 | net loss |
释义 | net loss in Accounting (nɛt lɔs) Word forms: (plural) net losses noun (Accounting: Financial statements, Income statement) net , net , lossA net loss is the difference between gross profit on sales and operating expenses if gross profit is less than operating expenses. Net loss is subtracted from the capital account, because it is treated as a deduction in thestatement of owner's equity. They have posted second-quarter net income of $1.7 million, or 15 cents a share,compared with a net loss of $2.3 million a year earlier. A net loss is the difference between gross profit on sales and operating expenses if gross profitis less than operating expenses. |
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