Difference Between Non-Operating Expenses And Non-Operating Income

 

Non Operating Expenses incurred are unrelated to the business operations such as loss on the sale of Fixed Assets / Non Current Assets, Restructuring Expense, etc. These are recorded in Income Statement or Profit And Loss Account of the company for the current accounting period.

Non-Operating Income or Non-Operating Revenue is derived from non operating activities such as Gains on Sale of Fixed Assets, Revenue Received from guilty party after winning a Lawsuit Case against guilty party, Dividend Income, etc. These are also shown on Income Statement for the period in which these are earned by the company's business.