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प्रश्न
Define Capital receipts.
What is meant by capital receipts?
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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.
Notes
Students should refer to the answer according to their questions.
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संबंधित प्रश्न
Money received by sale of machine is a ______.
Premium received on issue of shares 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.
Amount received on sale of stock-in-trade is a ______ receipt.
A receipt is a capital receipt because ______.
Premium paid on issue of shares is a capital receipt.
Any lump sum receipt is always a capital receipt.
Sale of securities by an investment company is a capital receipt.
