Advertisements
Advertisements
Question
Capital receipts are usually obtained in case of a company:
Options
From issue of shares, debentures
Borrowings
Sale of fixed assets or investments
All of the above
MCQ
Advertisements
Solution
All of the above
Explanation:
- Capital receipts refer to the receipts of a non-recurring nature.
- Some examples of capital receipts are Borrowings, Amount received from the sale of investments and fixed assets, Capital raised by an issue of shares and debentures, etc.
shaalaa.com
Distinction Between Capital and Revenue Receipts
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Write any two differences between capital and revenue Receipts.
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Define Capital receipts.
Give two examples of Capital receipts.
What do you understand by Turnover?
Distinguish between Capital Receipts and Revenue Receipts.
Amount received on sale of stock-in-trade is a ______ receipt.
Premium paid on issue of shares is a capital receipt.
A receipt in substitution of an income is revenue receipt.
Sale of securities by an investment company is a capital receipt.
