The net decrease in owner's equity that results when expenses exceed revenues.
The final figure in the income statement when the expenses exceed revenues.
The bottom line of the income statement when revenues and gains are less than the aggregate amount of cost of goods sold, operating expenses, losses, and income taxes (if the company is a regular corporation). To Top
This is the flipside of net income. When the total expenses for a period of operations exceed the income, the result is a net loss.
This occurs when expenses are more than income.
The difference between total revenue and total expenses when total expenses are higher (for instance, +75.00[e] -50.00[r] would give you an = -$25.00).
The amount the business loses when all expenses exceed sales.
Arises when total expenses are more than revenues (sales). The excess of expenses over revenues for a period.
The net decrease in stockholders' equity that results from business operations when expenses exceed revenues. It is accumulated in the Retained Earnings account.
The value of expenses less sales assuming that the expenses are greater (ie. if the profit and loss account shows a debit balance).
The excess of total expenses and losses over total revenues and gains
For a business organization, the amount of a company's expenses (sales costs, operating expenses, and taxes) for a reporting period that exceeds its revenues for the period. Contrast with net income.
The excess of total expenses over rental revenue for a real estate business.
The result that occurs when expenses exceed the income produced.