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Question
Which of the following is NOT capital receipts?
- Capital raised by an issue of shares and debentures.
- Rent received from tenant.
- Amount received by way of loans.
- Interest and dividends received on investments.
Options
II & IV
II & III
III & IV
ONLY I
MCQ
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Solution
II & IV
Explanation:
Rent, interest and dividends are revenue receipts (recurring operating income). Capital receipts are non‑recurring sources, such as the issue of shares/debentures or loans. Hence, II and IV are NOT capital receipts.
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