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प्रश्न
What are revenue receipts?
लघु उत्तरीय
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उत्तर
- Revenue receipts are those generated during typical business operations. Revenue profit is the result of the business’s regular transactions. It is reported as gross and net profit in trade and profit and loss accounts.
- It can be used to distribute dividends to shareholders or create reserve funds for various purposes.
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Distinction Between Capital and Revenue Receipts
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 17: Government Budget - TEST YOURSELF QUESTIONS [पृष्ठ ३४४]
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संबंधित प्रश्न
Distinguish between capital receipt and revenue receipt.
Money received by sale of machine is a ______.
Premium received on issue of shares is a ______.
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
Non-recurring receipts like additional capital, loan, etc. are ______.
Amount obtained from a customer previously written off as bad debt is a ______ receipt.
A receipt is a capital receipt because ______.
A receipt in substitution of an income is revenue receipt.
Any lump sum receipt is always a capital receipt.
Sale of securities by an investment company is a capital receipt.
