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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
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 ______.
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Non-recurring receipts like additional capital, loan, etc. are ______.
What do you understand by Turnover?
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.
Premium paid on issue of shares is a capital receipt.
