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प्रश्न
What do you understand by Turnover?
संक्षेप में उत्तर
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उत्तर
- Turnover refers to the sales made during the accounting or fiscal year. The sum of gross sales for the year.
- Turnover is sometimes referred to as Gross Sales or Gross Receipts.
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Distinction Between Capital and Revenue Receipts
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संबंधित प्रश्न
Distinguish between capital receipt and revenue receipt.
Write any two differences between capital and revenue Receipts.
Premium received on issue of shares is a ______.
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
Capital receipts are usually obtained in case of a company:
Give two examples of Capital receipts.
Distinguish between Capital Receipts and Revenue Receipts.
Amount received on sale of assets is a ______ receipt.
Premium paid on issue of shares is a capital receipt.
Any lump sum receipt is always a capital receipt.
