Exchange Rate Difference Gain is operating income or not
Rebate & Discount received is operating income or not.
kindly guide
Menu
Exchange Rate Difference Gain
Replies (3)
Firstly Meaning of operating is main business, so operating income and expenses means expenses incurred and income earned in main business. As per my view if exchange rate difference gain is towards main business of company then it's operating income or else it is non operating income. It is same applicable to rebates and discount
Incurred During Sale Purchase of Raw Material and Finished Goods
Hi vipulu
both are not an operating income. thos should be shown under other income
both are not an operating income. thos should be shown under other income
Recent Topics :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
