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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Interest on bank deposits is ______. - Accountancy

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Question

Interest on bank deposits is ______.

Options

  • Capital receipt

  • Revenue receipt

  • Capital expenditures

  • Revenue expenditures

MCQ
Fill in the Blanks
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Solution

Interest on bank deposits is revenue receipt.

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Chapter 11: Capital and Revenue Transactions - Multiple choice questions [Page 236]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 11 Capital and Revenue Transactions
Multiple choice questions | Q I 3. | Page 236
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