Advertisements
Advertisements
प्रश्न
Money received by sale of machine is a ______.
पर्याय
Capital receipt
Revenue receipt
Deferred revenue receipt
None of these
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Distinguish between capital receipt and revenue receipt.
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:
A receipt is a capital receipt:
Give three examples of Revenue receipts.
Distinguish between Capital Receipts and Revenue Receipts.
A receipt is a capital receipt because ______.
Premium paid on issue of shares is a capital receipt.
A receipt in substitution of an income is revenue receipt.
