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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.
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संबंधित प्रश्न
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
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A receipt is a capital receipt:
Rent received and commission received are examples of ______.
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Give two examples of Capital receipts.
Distinguish between Capital Receipts and Revenue Receipts.
A receipt in substitution of an income is revenue receipt.
Compensation received for the surrender of a right is a revenue receipt.
Sale of securities by an investment company is a capital receipt.
