Premium paid on issue of shares is a capital receipt.

MCQ

चूक किंवा बरोबर

This statement is True.

shaalaa.com

Distinction Between Capital and Revenue Receipts

या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?

Money received by sale of machine is a ______.

Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.

Non-recurring receipts like additional capital, loan, etc. are ______.

Define Capital receipts.

What are revenue receipts?

Distinguish between Capital Receipts and Revenue Receipts.

Amount received on sale of assets is a ______ receipt.

Amount obtained from a customer previously written off as bad debt is a ______ receipt.

Compensation received for the surrender of a right is a revenue receipt.

Any lump sum receipt is always a capital receipt.