Difference between revisions of "Net loss"
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Revision as of 10:15, 21 December 2018
Net loss is the financial result of operations when expenses total more than revenue.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Net loss. The financial result of operations when expenses total more than revenue.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
