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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.
A receipt is a capital receipt:
Define Capital receipts.
Give two examples of Capital receipts.
What are revenue receipts?
Give three examples of Revenue receipts.
Amount obtained from a customer previously written off as bad debt is a ______ receipt.
A receipt is a capital receipt because ______.
Compensation received for the surrender of a right is a revenue receipt.
Sale of securities by an investment company is a capital receipt.
