Meaning of Other income (expense)
How we at Bookkeeping Support Define the Meaning of Other income (expense):
Interest expense excluding financial products refers to the cost of borrowing money for non-financial activities, such as paying salaries or rent.
How AI Define the Meaning of Other income (expense):
Other income (expense) refers to any income or expense that is not directly related to a company’s core business operations, such as gains or losses from investments, foreign exchange gains or losses, or other non-operating items
