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Define Capital Profit. - Commercial Studies

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प्रश्न

Define Capital Profit.

थोडक्यात उत्तर

उत्तर

  1. Capital profit refer to profits earned on sale of fixed assets and in connection with the issue of shares and debentures.
  2. Profits are transferred to capital reserves, which are used to cover capital losses. They appear on the liabilities side of the balance sheet.
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Meaning of Capital Profit and Revenue Profit
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पाठ 6: Capital and Revenue Expenditure/Income - EXERCISES [पृष्ठ ८२]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 6 Capital and Revenue Expenditure/Income
EXERCISES | Q 8. i | पृष्ठ ८२
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