Examlex
Expenditures that add to the utility of fixed assets for more than one accounting period are
Gain on Sale
The financial profit earned from selling an asset for more than its book value.
Interest Revenue
Earnings generated by providing loans or placing money into financial vehicles that accrue interest.
Temporary Investment
Short-term investments made by a company to earn a return on idle cash without impacting its liquidity.
Long-Term Investment
Investments held for an extended period, usually more than one year, with the intention of gaining significant returns over time.
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