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प्रश्न
Distinguish between Capital Receipts and Revenue Receipts.
फरक स्पष्ट करा
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उत्तर
| Capital Receipts | Revenue Receipts |
| The proceeds are for the benefit gained from the sale of fixed assets. | Receipts in which the benefit is generated on a regular basis from the functioning of the business. |
| It is a long-term receipt with no set periodicity. | These are short-term receipts with a regular regularity. |
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Distinction Between Capital and Revenue Receipts
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
संबंधित प्रश्न
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.
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
A receipt is a capital receipt:
Define Capital receipts.
What are revenue receipts?
What do you understand by Turnover?
Amount received on sale of stock-in-trade is a ______ receipt.
A receipt is a capital receipt because ______.
Compensation received for the surrender of a right is a revenue receipt.
Sale of securities by an investment company is a capital receipt.
