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प्रश्न
Give two examples of Capital receipts.
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उत्तर
- Amount received by way of loans.
- Capital raised by an issue of shares and debentures.
- Amount received from the sale of investments and fixed assets.
- Life subscriptions and entrance fees received by a club or association from its members.
- Government grants and endowments.
Notes
Students should refer to the answer according to their question.
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.
Premium received on issue of shares is a ______.
Capital receipts are usually obtained in case of a company from:
Rent received and commission received are examples of ______.
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
What are revenue receipts?
Distinguish between Capital Receipts and Revenue Receipts.
Amount obtained from a customer previously written off as bad debt 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.
