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 Asset, Restructuring Expense, etc. These are recorded in Income Statement or Profit And Loss Account.

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.