Advertisements
Advertisements
Question
Give two examples of Capital receipts.
Short Answer
Advertisements
Solution
- Amount received by way of loans.
- Capital raised by an issue of shares and debentures.
- Amount received from the sale of investments and fixed assets.
- Life subscriptions and entrance fees received by a club or association from its members.
- Government grants and endowments.
shaalaa.com
Notes
Students should refer to the answer according to their question.
Distinction Between Capital and Revenue Receipts
Is there an error in this question or solution?
Chapter 17: Government Budget - TEST YOURSELF QUESTIONS [Page 344]
APPEARS IN
RELATED QUESTIONS
Distinguish between capital receipt and revenue receipt.
Write any two differences between capital and revenue Receipts.
Money received by sale of machine is a ______.
A receipt is a capital receipt:
Non-recurring receipts like additional capital, loan, etc. are ______.
Define Capital receipts.
Distinguish between Capital Receipts and Revenue Receipts.
Amount obtained from a customer previously written off as bad debt is a ______ receipt.
Any lump sum receipt is always a capital receipt.
Sale of securities by an investment company is a capital receipt.
