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प्रश्न
Premium paid on issue of shares is a capital receipt.
विकल्प
True
False
MCQ
सत्य या असत्य
उत्तर
This statement is True.
shaalaa.com
Distinction Between Capital and Revenue Receipts
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: Capital and Revenue Expenditure/Income - EXERCISES [पृष्ठ ८४]
APPEARS IN
संबंधित प्रश्न
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.
Write any two differences between:
Capital and Revenue Receipts
Capital receipts are usually obtained in case of a company:
A receipt is a capital receipt:
Rent received and commission received are examples of ______.
Non-recurring receipts like additional capital, loan, etc. are ______.
What are revenue receipts?
A receipt is a capital receipt because ______.
Compensation received for the surrender of a right is a revenue receipt.
Any lump sum receipt is always a capital receipt.
