A non-cash expense chargeable against profit and loss account is

A non-cash expense chargeable against the profit and loss account is a type of expense that is incurred by a company, but is not a direct outflow of cash. This means that the company has not physically paid cash for the expense, but it still has an impact on the company's profits. An example of a non-cash expense is the provision for doubtful debts, which is an amount set aside by a company to cover potential losses from customer default. This expense is recorded in the profit and loss account, even though no cash has been paid out. Other examples of non-cash expenses include depreciation of assets, amortization of intangible assets, and impairment of assets. It is important for companies to accurately record non-cash expenses in their financial statements, as it provides a more complete picture of the company's financial performance and financial position.