Word forms: (plural) net losses
( Accounting : Financial statements , Income statement )
net1, net2, loss
Net loss is subtracted from the capital account, because it is treated as a deduction in the
statement 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 profit
is less than operating expenses.
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