Any lump sum receipt is always a capital receipt.

MCQ

चूक किंवा बरोबर

This statement is False.

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Distinction Between Capital and Revenue Receipts

या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?

Money received by sale of machine is a ______.

Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.

Rent received and commission received are examples of ______.

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

Non-recurring receipts like additional capital, loan, etc. are ______.

Give two examples of Capital receipts.

Give three examples of Revenue receipts.

Distinguish between Capital Receipts and Revenue Receipts.

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

Sale of securities by an investment company is a capital receipt.