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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.
Repairing charges paid for remodelling the old building purchased.
State whether the following is capital and revenue.
Construction of building ₹ 10,00,000.
State whether the following is capital and revenue.
Repairs to furniture ₹ 50,000.
State whether the following is capital and revenue.
White-washing the building ₹ 80,000.
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.
Loss on sale of old furniture.
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.
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.
Repair to furniture purchased second-hand ₹ 3,000.
