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  2. In accounting, a loss refers to12345:
    • An excess of expenses over revenues.
    • An unrecoverable and unanticipated decrease in a resource or asset outside of normal business operations.
    • The result of the sale of an asset for less than its carrying amount.
    • A decrease in net income that is outside the normal operations of the business.
    • A one-time removal or decrease in a resource or asset.
    Learn more:
    A loss is an excess of expenses over revenues, either for a single business transaction or in reference to the sum of all transactions for an accounting period.
    www.accountingtools.com/articles/loss
    In accounting, a loss is an unrecoverable and unanticipated decrease in a resource or asset outside of normal business operations.
    www.invoiceberry.com/accounting-terms/loss
    loss definition The result of the sale of an asset for less than its carrying amount; the write-down of assets; the net result of expenses exceeding revenues.
    www.accountingcoach.com/terms/L/loss
    Definition: In financial accounting, a loss is a decrease in net income that is outside the normal operations of the business. Losses can result from a number of activities such as; sale of an asset for less than its carrying amount, the write-down of assets, or a loss from lawsuits.
    In accounting, losses are a one-time removal or decrease in a resource or asset, and can occur due to costs that produce no benefit, a decrease in value of resources etc.
    debitoor.com/dictionary/losses
     
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