Advertisements
Advertisements
प्रश्न
Money received by sale of machine is a ______.
विकल्प
Capital receipt
Revenue receipt
Deferred revenue receipt
None of these
Advertisements
उत्तर
Money received by sale of machine is a Capital receipt.
Explanation:
Capital receipts refer to the receipts of a non-recurring nature such as additional capital from owners, money obtained from a sale of fixed assets, etc.
APPEARS IN
संबंधित प्रश्न
Premium received on issue of shares is a ______.
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Non-recurring receipts like additional capital, loan, etc. are ______.
Give two examples of Capital receipts.
Distinguish between Capital Receipts and Revenue Receipts.
Amount received on sale of assets is a ______ receipt.
Amount received on sale of stock-in-trade is a ______ receipt.
Amount obtained from a customer previously written off as bad debt is a ______ receipt.
Premium paid on issue of shares is a capital receipt.
A receipt in substitution of an income is revenue receipt.
