Amount received on sale of assets is a ______ receipt.

रिकाम्या जागा भरा

Amount received on sale of assets is a capital receipt.

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Distinction Between Capital and Revenue Receipts

या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?

Distinguish between capital receipt and revenue receipt.

Premium received on issue of shares is a ______.

A receipt is a capital receipt:

______ involves creation of liability and is shown on the liabilities side of the balance sheet.

What are revenue receipts?

Give three examples of Revenue receipts.

A receipt is a capital receipt because ______.

Premium paid on issue of shares is a capital receipt.

Compensation received for the surrender of a right is a revenue receipt.

Any lump sum receipt is always a capital receipt.