Advertisements
Advertisements
प्रश्न
What is capital profit?
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Choose the following item into capital and revenue.
Carriage paid on goods purchased.
Choose the following item into capital and revenue.
Legal expenses paid for raising of loans
State whether the following is capital and revenue.
Repairs to furniture ₹ 50,000.
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.
Heavy advertising cost of ₹ 12,00,000 spent on introducing a new product.
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.
Identify the following item into capital or revenue.
Labour welfare expenses ₹ 5,000.
Identify the following item into capital or revenue.
₹ 2,000 paid for servicing the company vehicle.
Identify the following item into capital or revenue.
Repair to furniture purchased second-hand ₹ 3,000.
