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- In accounting, a gain refers to12345:
- The positive difference between the price of an asset at acquisition and its current price.
- It can be either realized (when the asset is sold to a third party) or unrealized (when the market value of an asset exceeds the purchase price).
- Gains are reported as nonoperating or other revenue on a company's income statement.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A gain refers generally to the positive difference between the price of something at acquisition and its current price. A net gain takes transaction costs and other expenses into consideration. A gain may also be either realized or unrealized.www.investopedia.com/terms/g/gain.aspDefinition of Gains In financial accounting, gains often pertain to some of a company's transactions which occur outside of the company's main business activities. Transactions which are outside of a company's main business activities are referred to as nonoperating activities.www.accountingcoach.com/blog/what-are-gainsA gain is derived from an increase in the value of an asset. It is considered to be realized if the asset is sold to a third party, resulting in a profit.www.accountingtools.com/articles/gainGains result from the sale of an asset (other than inventory). A gain is measured by the proceeds from the sale minus the amount shown on the company’s books. Since the gain is outside of the main activity of a business, it is reported as a nonoperating or other revenue on the company’s income statement.www.accountingcoach.com/terms/G/gainsIn financial accounting (CON 8.4), a gain is when the market value of an asset exceeds the purchase price of that asset. The gain is unrealized until the asset is sold for cash, at which point it becomes a realized gain.en.wikipedia.org/wiki/Gain_(accounting) - People also ask
Gains: Meaning and Examples of a Transaction Outcome
A gain is a general increase in the value of an asset or property. A gain arises if the current price of something is higher than the original purchase price. For accounting and tax purposes, gains may be classified in several ways, such as gross vs. net gains or realized vs. unrealized (paper) gains. Capital … See more
A gain refers generally to the positive difference between the price of something at acquisition and its current price. A net gain takes transaction costs and other expenses into consideration. A gain may also be either realized or unrealized. A realized gain is the … See more
Legendary investor Warren Buffet attributes compoundinggains as one of the key factors to accumulating wealth. The basic concept is that gains add to existing gains. For example, … See more
In most jurisdictions, realized gains are subject to capital gains tax. As well as applying to traditional assets, capital gains tax may also apply to gains in alternativeassets, such as coins, works of art, and wine collections. Capital gains tax varies depending on … See more
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