Sale of securities by an investment company is a capital receipt.

MCQ

सत्य या असत्य

This statement is False.

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Distinction Between Capital and Revenue Receipts

क्या इस प्रश्न या उत्तर में कोई त्रुटि है?

Distinguish between capital receipt and revenue receipt.

Capital receipts are usually obtained in case of a company from:

Rent received and commission received are examples of ______.

______ involves creation of liability and is shown on the liabilities side of the balance sheet.

What do you understand by Turnover?

Distinguish between Capital Receipts and Revenue Receipts.

Amount received on sale of assets 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.

Any lump sum receipt is always a capital receipt.