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प्रश्न
Money received by sale of machine is a ______.
पर्याय
Capital receipt
Revenue receipt
Deferred revenue receipt
None of these
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उत्तर
Money received by sale of machine is a Capital receipt.
Explanation:
Capital receipts refer to the receipts of a non-recurring nature such as additional capital from owners, money obtained from a sale of fixed assets, etc.
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संबंधित प्रश्न
Distinguish between capital receipt and revenue receipt.
Premium received on issue of shares is a ______.
A receipt is a capital receipt:
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Give three examples of Revenue receipts.
Distinguish between Capital Receipts and Revenue Receipts.
Premium paid on issue of shares is a capital 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.
