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- Examples of gains in accounting include123:
- Gain on sale of investments
- Gain on sale of building
- Gain on legal settlement
- Gain on early extinguishment of debt
- Gains and losses on sale of temporary investments
- Gains and losses on foreign currency devaluations
- Net income realized from one-time nonbusiness activities, such as a company selling its old transportation van, unused land, or a subsidiary company.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.More Examples of Gains Other examples of gains that could appear on a company’s income statement include: Gain on sale of investments Gain on sale of building Gain on legal settlement Gain on early extinguishment of debtwww.accountingcoach.com/blog/what-are-gainsOther examples of gains and losses are sizeable write-down of inventories, receivables, and capitalized research gains and losses on sale of temporary investments and gains and losses on foreign currency devaluations.www.accountingnotes.net/financial-statement/gains…Also called other sundry income, gains indicate the net money made from other activities, like the sale of long-term assets. These include the net income realized from one-time nonbusiness activities, such as a company selling its old transportation van, unused land, or a subsidiary company.www.investopedia.com/terms/i/incomestatement.asp - People also ask
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