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प्रश्न
Give two examples of Capital receipts.
संक्षेप में उत्तर
उत्तर
- Amount received by way of loans.
- Capital raised by an issue of shares and debentures.
- Amount received from the sale of investments and fixed assets.
- Life subscriptions and entrance fees received by a club of association from its members.
- Government grants and endowments.
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Distinction Between Capital and Revenue Receipts
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
Distinguish between capital receipt and revenue receipt.
Distinguish between capital and revenue expenditure and state whether the following statements are items of capital or revenue expenditure:
- Expenditure incurred on repairs and whitewashing at the time of purchase of an old building in order to make it usable.
- Expenditure incurred to provide one more exit in a cinema hall in compliance with a government order.
- Registration fees paid at the time of purchase of a building.
- Expenditure incurred in the maintenance of a tea garden which will produce tea after four years.
- Depreciation charged on a plant.
- The expenditure incurred in erecting a platform on which a machine will be fixed.
- Advertising expenditure, the benefits of which will last for four years.
Rent received and commission received are examples of ______.
______ involves creation of liability and is shown on the liabilities side of the balance sheet.
Non-recurring receipts like additional capital, loan, etc. are ______.
What are revenue receipts?
Give three examples of Revenue receipts.
Amount received on sale of stock-in-trade is a ______ receipt.
A receipt is a capital receipt because ______.
Compensation received for the surrender of a right is a revenue receipt.
