Читать книгу Financial Accounting For Dummies - Maire Loughran - Страница 51

You classify all other income the company brings in peripherally as other revenue or other income; either description is fine. This category includes interest or dividends paid on investments or any gain realized when the company disposes of an asset. For example, the company purchases new computers and sells the old ones; the amount the company makes from the sale of the old ones is included in this category.

Other expenses are expenses the company incurs that aren’t associated with normal operations. Here are two types of expenses you typically see:

 Interest expense: The cost of using borrowed funds for business operations, expansion, and cash flow.

 Loss on disposal of a fixed asset: If the company loses money on the sale of an asset, you report the loss in this section of the income statement.