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प्रश्न
Write any two differences between capital and revenue Receipts.
How are revenue receipts different from capital receipts? Give two examples of each.
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उत्तर
| Capital Receipts | Revenue Receipts | |
| (a) | Capital receipts are those received from non-operational activities, i.e., bank loans, debentures, etc. | Revenue receipts are those receipts earned for operational activities, i.e., the sale of goods and services. |
| (b) | It is non-recurring in nature. | It is recurring in nature. |
| (c) | The amount received by way of loans. | The amount received from the sale of goods. |
| (d) | Capital raised by an issue of shares and debentures. | Interest and dividends received on investments. |
| (e) | Examples include income tax, Interest received from loans. | Examples include borrowings from the RBI and disinvestment proceeds from PSUs. |
Notes
Students should refer to the answer according to their question and preferred marks.
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संबंधित प्रश्न
Distinguish between capital receipt and revenue receipt.
Distinguish between capital and revenue expenditure and state whether the following statements are items of capital or revenue expenditure:
- Expenditure incurred on repairs and whitewashing at the time of purchase of an old building in order to make it usable.
- Expenditure incurred to provide one more exit in a cinema hall in compliance with a government order.
- Registration fees paid at the time of purchase of a building.
- Expenditure incurred in the maintenance of a tea garden which will produce tea after four years.
- Depreciation charged on a plant.
- The expenditure incurred in erecting a platform on which a machine will be fixed.
- Advertising expenditure, the benefits of which will last for four years.
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
A receipt is a capital receipt:
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Give three examples of Revenue 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.
Compensation received for the surrender of a right is a revenue receipt.
