Advertisements
Advertisements
Question
Observe the given image and identify the type of receipt.
Options
Revenue Expenditure
Capital Expenditure
Deferred revenue expenditure
Capital Receipts
MCQ
Advertisements
Solution
Capital Receipts
Explanation
The image is a debenture bond. Proceeds from issuing debentures create a liability and provide long‑term finance, so they are non‑recurring capital receipts shown in the balance sheet, not revenue income, and reduce net assets.
shaalaa.com
Is there an error in this question or solution?
