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प्रश्न
Rent received and commission received are examples of ______.
पर्याय
Capital Expenditure
Revenue Expenditure
Capital Receipts
Revenue Receipts
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उत्तर
Rent received and commission received are examples of Revenue Receipts.
Explanation:
- Revenue receipts are the receipts obtained during the normal course of business operation and are of a recurring nature.
- Some examples of revenue receipts are Interest and dividend received on investments, Fees and commission received for services rendered, Rent received from tenants etc.
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संबंधित प्रश्न
Write any two differences between capital and revenue Receipts.
Premium received on issue of shares is a ______.
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Define Capital receipts.
Give two examples of Capital receipts.
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Distinguish between Capital Receipts and Revenue Receipts.
Amount received on sale of stock-in-trade is a ______ receipt.
Premium paid on issue of shares is a capital receipt.
Compensation received for the surrender of a right is a revenue receipt.
