Question
What are non operating financial incomes and non operating financial expenses

Answers

Non operating financial income represents that income which arises not as a part of regular operations of the organization. Due to these incomes operating profit as per cost statement may be less than profit as per Profit and Loss account. For example: profit on the sale of assets, dividend received etc.Non operating financial expense represents that expense which arises not as a part of regular operations of the organization. Due to these expenses the operating profit as per the cost statement may be more than the profit as per Profit and Loss Account. For example: a loss on the sale of assets, provision for income tax, interest paid etc.   Your Comment






Search
Can you Answer!!
  • Q Tanya wants to go on a date and prefers her date to be tall, dark and handsome. 1. Of the preferred traits - tall, dark and handsome - no two of Adam, Bond, Cruz and Dumbo have the same number. 2. Only Adam or Dumbo is tall and fair. 3. Only Bond or Cruz is short and handsome. 4. Adam and Cruz are either both tall or both short. 5. Bond and Dumbo are either both dark or both fair. Who is Tanya's date?
  • Q What if the project isn't big enough to justify extensive testing?
  • Q How much notice would you need to give to your present employer if you were offered a position?
  • Q 66% of Americans reading on the toilet read what
  • Q What isolation level is used by the dbms when inserting, updating and selecting rows from a database?
  • Q What are the duties of a maintenance and repair worker?
  • Q Which Arab traveler visited Calicut six times?
  • Q In which following organs convert glycogen into glucose and purifier blood.
  • Q Who is the first woman President of WHO (World Health Organisation)?
  • Q What benefits can commensalism offer to a species?
  • Q What Is the XHTML Element Content?