How we at Bookkeeping Support Define the Meaning of Other income or expenses
Other revenue or costs are defined as those that are not associated with a company’s basic operations, such as gains or losses from investments.
How AI Define the Meaning of Other income or expenses
Other income or expenses refer to any non-operating gains or losses a company incurs that are not related to its core business activities. Examples include gains or losses from investments, foreign exchange transactions, or asset sales.