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प्रश्न
Non-recurring receipts like additional capital, loan, etc. are ______.
पर्याय
Capital receipts
Revenue receipts
Capital expenditure
Revenue expenditure
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उत्तर
Non-recurring receipts like additional capital, loan, etc. are Capital receipts.
Explanation:
Capital receipts refer to the receipts of a non-recurring nature such as additional capital from owners, loans raised by the firm and money obtained from a sale of fixed assets.
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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.
Write any two differences between capital and revenue Receipts.
Capital receipts are usually obtained in case of a company from:
A receipt is a capital receipt:
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
What are revenue receipts?
Give three examples of Revenue receipts.
What do you understand by Turnover?
Compensation received for the surrender of a right is a revenue receipt.
Any lump sum receipt is always a capital receipt.
