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प्रश्न
Define Capital receipts.
What is meant by capital receipts?
व्याख्या
लघु उत्तर
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उत्तर
- Capital receipts result from the sale of a capital asset and refer to amounts received from proprietors in the form of capital or loans.
- Capital receipts are an item on the balance sheet, not the profit and loss account.
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Notes
Students should refer to the answer according to their questions.
Distinction Between Capital and Revenue Receipts
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 17: Government Budget - TEST YOURSELF QUESTIONS [पृष्ठ ३४४]
APPEARS IN
संबंधित प्रश्न
Write any two differences between capital and revenue Receipts.
Premium received on issue of shares is a ______.
Capital receipts are usually obtained in case of a company from:
What do you understand by Turnover?
Distinguish between Capital Receipts and Revenue Receipts.
Amount received on sale of assets is a ______ receipt.
Amount received on sale of stock-in-trade is a ______ receipt.
A receipt in substitution of an income is revenue receipt.
Compensation received for the surrender of a right is a revenue receipt.
Any lump sum receipt is always a capital receipt.
