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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]
संबंधित प्रश्न
Write any two differences between capital and revenue Receipts.
Capital receipts are usually obtained in case of a company:
A receipt is a capital receipt:
Define Capital receipts.
Amount received on sale of assets is a ______ receipt.
Amount obtained from a customer previously written off as bad debt is a ______ receipt.
A receipt in substitution of an income is revenue 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.
