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प्रश्न
A receipt is a capital receipt:
पर्याय
If it satisfies any one of the two conditions: The receipts must create a liability for the government. The receipts must cause a decrease in the assets.
Borrowings are capital receipts as they lead to an increase in the liability of the government.
Both If it satisfies any one of the two conditions: The receipts must create a liability for the government. The receipts must cause a decrease in the assets. and Borrowings are capital receipts as they lead to an increase in the liability of the government.
None of these
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उत्तर
Both If it satisfies any one of the two conditions: The receipts must create a liability for the government. The receipts must cause a decrease in the assets. and Borrowings are capital receipts as they lead to an increase in the liability of the government.
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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.
Write any two differences between capital and revenue Receipts.
Money received by sale of machine is a ______.
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
Give two examples of Capital receipts.
Give three examples of Revenue receipts.
Distinguish between Capital Receipts and Revenue Receipts.
Amount received on sale of stock-in-trade is a ______ receipt.
Any lump sum receipt is always a capital receipt.
