Advertisements
Advertisements
प्रश्न
Write any two differences between capital and revenue Receipts.
How are revenue receipts different from capital receipts? Give two examples of each.
Advertisements
उत्तर
| Capital Receipts | Revenue Receipts | |
| (a) | Capital receipts are those received from non-operational activities, i.e., bank loans, debentures, etc. | Revenue receipts are those receipts earned for operational activities, i.e., the sale of goods and services. |
| (b) | It is non-recurring in nature. | It is recurring in nature. |
| (c) | The amount received by way of loans. | The amount received from the sale of goods. |
| (d) | Capital raised by an issue of shares and debentures. | Interest and dividends received on investments. |
| (e) | Examples include income tax, Interest received from loans. | Examples include borrowings from the RBI and disinvestment proceeds from PSUs. |
Notes
Students should refer to the answer according to their question and preferred marks.
APPEARS IN
संबंधित प्रश्न
Distinguish between capital receipt and revenue receipt.
Money received by sale of machine is a ______.
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Define Capital receipts.
What do you understand by Turnover?
Amount obtained from a customer previously written off as bad debt is a ______ receipt.
A receipt is a capital receipt because ______.
Premium paid on issue of shares is a capital receipt.
A receipt in substitution of an income is revenue receipt.
