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प्रश्न
Amount received from 'Special Contribution for Silver Jubilee' by a club should be treated as:
विकल्प
Capital Receipt
Revenue Receipt
Both capital receipt and revenue receipt
Income
MCQ
उत्तर
Capital Receipt
Explanation:
It is a capital receipt that will be recorded on the liabilities side of the balance sheet.
shaalaa.com
Receipts and Payments Account
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