Sign up for free for 7 days

Accounting Dictionary


Profits made from selling items other than inventory.

Susan has a shoe store. She bought shoes for $2,000 and sold them for $3,000. She bought Exxon stock for $1,000 and sold it for $1,500. The $500 profit on the Exxon stock would be a gain. The profit from the shoes would be listed under operating income because she earned that in the normal course of business, but the $500 profit from the stock would be a gain.

Sign Up to Learn More!

Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!

Scroll to Top
Get Your eBook Today!

Fill out this form to have our eBook sent directly to your email address.

Access Until You Pass

The Elite-Unlimited course provides UNLIMITED continuing access to your course materials until you pass the CPA Exam! How does it work? Upon activating your course, you will have an initial 36 months of access. You can then renew your subscription as many times as you need to pass your exams—for FREE. Simply click the “renew” option in your student account and you can continue studying your high-quality course materials without losing any of your data and course progress.

Renewal Instructions

  •   Please purchase a renewal using the "Renew" option from the My Account page
  •   To qualify for renewal pricing, course must be renewed before it expires
  •   All renewals are effective from the current expiration date and cannot be deferred
  •   Test information cannot be reset (deleted) with renewal unless eligibility criteria is met (see Help page)