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.
Legal expenses paid for raising of loans
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.
Choose the following item into capital and revenue.
Carriage paid on goods sold.
Choose the following receipt into capital and revenue.
Commission received ₹ 30,000.
Choose the following receipt into capital and revenue.
₹ 1,400 wages paid in connection with the erection of new machinery.
Identify the following item into capital or revenue.
Audit fees paid ₹ 10,000.
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.
Rent paid for the factory ₹ 12,000.
