Deduction example sentences

There can be addition to, or deduction from, these if a new machine is added or a machine falls in disuse and is not replaced.Callsin- Arrears represent the debit balance of all the calls account and are shown as a deduction from the paid-up capital on the liabilities side of the balance sheet.This deduction is given at the time of payment on the amount payable.The process of ascertaining the amount of profit earned or the loss incurred during a particular period involves deduction of related expenses from the revenue earned during that period.Discount is the deduction in the price of the goods sold.Provision is shown either by way of deduction from the item on the asset side for which it is created, or on the liabilities side along with current liabilities.Offering deduction of agreed percentage of list price at the time selling goods is one way of giving discount.Examples of such deductions include: cheque collection charges, incidental charges, interest on overdraft, unpaid cheques deducted by the bank – i.e. stopped or bounced, etc.After selling the goods on credit basis the debtors may be given certain deduction in amount due in case if they pay the amount within the stipulated period or earlier.