The whole point of negotiating for something is to address your real needs. 1  Before you limit what you ask for, make sure you know what you want. Think broadly and do not limit yourself to financial expenses. For example, one client of mine decided these were her needs: 2  Assistance in selecting and paying for child care.
A temporary account that holds costs until they can be transferred elsewhere. For example, a company might use a clearing account to hold revenue and costs when completing year-end fiscal calculations. When the company has finished placing the revenue and costs in the account it can then transfer the amount to the company's net earnings.
Originally Answered: What is the main difference between a profit and loss account and a profit and loss appropriation account? Profit and Loss Account The profit and loss account serves the purpose of showing how much a company has available, in terms of surplus funds, at the end of a specific accounting period.