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प्रश्न
What do you understand by Turnover?
थोडक्यात उत्तर
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उत्तर
- Turnover refers to the sales made during the accounting or fiscal year. The sum of gross sales for the year.
- Turnover is sometimes referred to as Gross Sales or Gross Receipts.
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Distinction Between Capital and Revenue Receipts
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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संबंधित प्रश्न
Write any two differences between capital and revenue Receipts.
Money received by sale of machine is a ______.
Premium received on issue of shares is a ______.
Capital receipts are usually obtained in case of a company:
Rent received and commission received are examples of ______.
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Give three examples of Revenue receipts.
Distinguish between Capital Receipts and Revenue Receipts.
Compensation received for the surrender of a right is a revenue receipt.
Sale of securities by an investment company is a capital receipt.
