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प्रश्न
What is capital profit?
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उत्तर
Capital profit is the profit which arises not from the normal course of the business. Profit on sale of fixed assets is an example of capital profit.
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संबंधित प्रश्न
Choose the following item into capital and revenue.
Registration expenses incurred for the purchase of land.
State whether the following is capital and revenue.
Pulling down the old building and rebuilding ₹ 4,00,000.
Choose the following item into capital and revenue.
₹ 50,000 spent on a railway siding.
Choose the following item into capital and revenue.
Carriage paid on goods sold.
State whether the following expenditure is capital, revenue or deferred revenue.
Legal fees paid to the lawyer for acquiring land ₹ 20,000.
State whether the following expenditure is capital, revenue or deferred revenue.
A sum of ₹ 4,000 was spent on painting the factory.
Choose the following receipt into capital and revenue.
Sale proceeds of goods ₹ 75,000.
Choose the following receipt into capital and revenue.
Loan borrowed from bank ₹ 2,50,000.
Choose the following receipt into capital and revenue.
Sale of investment ₹ 1,20,000.
Identify the following item into capital or revenue.
₹ 2,000 paid for servicing the company vehicle.
