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प्रश्न
What are revenue receipts?
लघु उत्तर
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उत्तर
- Revenue receipts are those generated during typical business operations. Revenue profit is the result of the business’s regular transactions. It is reported as gross and net profit in trade and profit and loss accounts.
- It can be used to distribute dividends to shareholders or create reserve funds for various purposes.
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Distinction Between Capital and Revenue Receipts
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 17: Government Budget - TEST YOURSELF QUESTIONS [पृष्ठ ३४४]
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संबंधित प्रश्न
Money received by sale of machine is a ______.
Premium received on issue of shares is a ______.
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
Rent received and commission received are examples of ______.
Give three examples of Revenue receipts.
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.
A receipt in substitution of an income is revenue receipt.
Compensation received for the surrender of a right is a revenue receipt.
