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प्रश्न
What are revenue receipts?
संक्षेप में उत्तर
उत्तर
- Revenue receipts are those generated during typical business operations. Revenue profit is the result of the business's regular transactions. It is reported as gross and net profit in trade and profit and loss accounts.
- It can be used to distribute dividends to shareholders or create reserve funds for various purposes.
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Distinction Between Capital and Revenue Receipts
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
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संबंधित प्रश्न
Write any two differences between:
Capital and Revenue Receipts
Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.
A receipt is a capital receipt:
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 do you understand by Turnover?
Amount received on sale of assets is a ______ receipt.
Premium paid on issue of shares is a capital receipt.
Compensation received for the surrender of a right is a revenue receipt.
