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प्रश्न
A receipt is a capital receipt because ______.
विकल्प
The amount involved is large.
The amount is received in lump sum.
The amount relates to fixed assets.
उत्तर
A receipt is a capital receipt because the amount relates to fixed assets.
Explanation:
Capital receipts involve creation of a liability or reduction in the value of fixed assets.
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संबंधित प्रश्न
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
A receipt is a capital receipt:
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Define Capital receipts.
What are revenue receipts?
What do you understand by Turnover?
Amount received on sale of assets is a ______ receipt.
Amount received on sale of stock-in-trade is a ______ receipt.
Premium paid on issue of shares is a capital receipt.
A receipt in substitution of an income is revenue receipt.
