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Accounting




Other Income


The income of an entity that is provided by long-term investments. This income, or current earnings, comes out in the form of interest or dividends. For calculation of an entity’s profit or loss for the period, such earnings have to considered. However, since such source of income is not regular revenues, an entity reports them separately under the heading “other income”, at the lowest part of the statement of income (statement of profit and loss).



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Accounting is the language of business, everywhere, worldwide. It is the means by which virtually every business communicates information about its operations, irrespective of size, scale, objectives, ...
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