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प्रश्न
A receipt is a capital receipt because ______.
विकल्प
The amount involved is large.
The amount is received in lump sum.
The amount relates to fixed assets.
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उत्तर
A receipt is a capital receipt because the amount relates to fixed assets.
Explanation:
Capital receipts involve creation of a liability or reduction in the value of fixed assets.
संबंधित प्रश्न
Capital receipts are usually obtained in case of a company from:
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Non-recurring receipts like additional capital, loan, etc. are ______.
Define Capital receipts.
What do you understand by Turnover?
Amount received on sale of stock-in-trade is a ______ receipt.
Premium paid on issue of shares is a capital receipt.
Compensation received for the surrender of a right is a revenue receipt.
Any lump sum receipt is always a capital receipt.
Sale of securities by an investment company is a capital receipt.
