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प्रश्न
Amount obtained from a customer previously written off as bad debt is a ______ receipt.
उत्तर
Amount obtained from a customer previously written off as bad debt is a revenue receipt.
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संबंधित प्रश्न
Write any two differences between:
Capital and Revenue Receipts
Premium received on issue of shares is a ______.
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.
Define Capital receipts.
Premium paid on issue of shares is a capital receipt.
Compensation received for the surrender of a right is a revenue receipt.
Any lump sum receipt is always a capital receipt.