Difference Between Non-Operating Expenses And Non-Operating Income
N on Operating Expenses incurred are unrelated to t he b usi ness operations suc h as loss o n t he sale of Fixed Asset, Restructuring Expense, etc. T hese are recorded i n Income Statement or Profit And Loss Account. Non-Operating Income or Non-Operating Revenue is derived from non operating activities suc h as Gai ns on Sale of Fixed Assets, Revenue Received from guilty party after winning a Lawsuit Case agai nst guilty party, Dividend Income, etc. T hese are also show n on Income Statement for t he period i n w hich these are ear ned.