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प्रश्न
Distinguish between Capital Receipts and Revenue Receipts.
अंतर स्पष्ट करें
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उत्तर
| Capital Receipts | Revenue Receipts |
| The proceeds are for the benefit gained from the sale of fixed assets. | Receipts in which the benefit is generated on a regular basis from the functioning of the business. |
| It is a long-term receipt with no set periodicity. | These are short-term receipts with a regular regularity. |
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Distinction Between Capital and Revenue Receipts
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
Distinguish between capital receipt and revenue receipt.
Distinguish between capital and revenue expenditure and state whether the following statements are items of capital or revenue expenditure:
- Expenditure incurred on repairs and whitewashing at the time of purchase of an old building in order to make it usable.
- Expenditure incurred to provide one more exit in a cinema hall in compliance with a government order.
- Registration fees paid at the time of purchase of a building.
- Expenditure incurred in the maintenance of a tea garden which will produce tea after four years.
- Depreciation charged on a plant.
- The expenditure incurred in erecting a platform on which a machine will be fixed.
- Advertising expenditure, the benefits of which will last for four years.
Money received by sale of machine is a ______.
Non-recurring receipts like additional capital, loan, etc. are ______.
Give two examples of Capital receipts.
What do you understand by Turnover?
Amount received on sale of assets is a ______ 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.
