Advertisements
Advertisements
Question
Choose the following receipt into capital and revenue.
Commission received ₹ 30,000.
Options
Capital receipts
Revenue receipts
Advertisements
Solution
Commission received ₹ 30,000- Revenue receipts
APPEARS IN
RELATED QUESTIONS
What is capital profit?
Choose the following item into capital and revenue.
Registration expenses incurred for the purchase of land.
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.
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.
₹ 50,000 spent on a railway siding.
Choose the following item into capital and revenue.
Carriage paid on goods sold.
State whether the following expenditure is capital, revenue or deferred revenue.
Legal fees paid to the lawyer for acquiring land ₹ 20,000.
State whether the following expenditure is capital, revenue or deferred revenue.
A sum of ₹ 4,000 was spent on painting the factory.
Identify the following item into capital or revenue.
Labour welfare expenses ₹ 5,000.
