Examples of Accumulated Losses in a sentence
In case of a Company, Net worth = (Paid up Share Capital) + (Reserves and Surpluses) - (Revaluation of Reserves) – (Intangible Assets, Miscellaneous expenditure to the extent not written off, Accumulated Losses).
Losses incurred at the end of each financial year are transferred to Accumulated Losses.
Net Worth: Net worth would comprise of Paid-up capital plus Free Reserves including Share Premium but excluding Revaluation Reserves, plus Investment Fluctuation Reserve and credit balance in Profit & Loss account, less debit balance in Profit and Loss account, Accumulated Losses and Intangible Assets.
Losses incurred at the end of each calendar month are transferred to Accumulated Losses.
Distributions declared during the year are presented in the Accumulated Losses in the Consolidated Statement of Changes in Equity.