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प्रश्न
A receipt is a capital receipt because ______.
पर्याय
The amount involved is large.
The amount is received in lump sum.
The amount relates to fixed assets.
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उत्तर
A receipt is a capital receipt because the amount relates to fixed assets.
Explanation:
Capital receipts involve creation of a liability or reduction in the value of fixed assets.
APPEARS IN
संबंधित प्रश्न
Write any two differences between capital and revenue Receipts.
Money received by sale of machine is a ______.
Premium received on issue of shares is a ______.
Capital receipts are usually obtained in case of a company:
A receipt is a capital receipt:
What are revenue receipts?
What do you understand by Turnover?
Premium paid on issue of shares is a capital receipt.
A receipt in substitution of an income is revenue receipt.
Any lump sum receipt is always a capital receipt.
