Investopedia explains 'Charge And Discharge Statement'
Charge and Discharge Statements first list all of the charges of principal that are paid on the principal in the account or estate. Then they delineate the discharges, or fees and expenses, related to principal that are paid out. Then the statement repeats this process for income that is received and paid. These statements typically record such items as administrative fees and expenses, income taxes and investment income.
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