What are the examples of non-operating income is and expenses ?

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Solution

Dear Student,

S.no. Non-Operating Income Non-Operating Expenses

a) Profit on Sale of Fixed Assets Loss on Sale of Fixed Assets

b) Interest on Investment Interest on Loan

c) Dividend on shares purchased etc. Loss of Fixed assets by fire etc.

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________________ = operating profits + non-operating income - non-operating expenses

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S.no.	Non-Operating Income	Non-Operating Expenses
a)	Profit on Sale of Fixed Assets	Loss on Sale of Fixed Assets
b)	Interest on Investment	Interest on Loan
c)	Dividend on shares purchased etc.	Loss of Fixed assets by fire etc.