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प्रश्न
What are revenue receipts?
थोडक्यात 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
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संबंधित प्रश्न
Capital receipts are usually obtained in case of a company:
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Define Capital receipts.
Give two examples of Capital receipts.
Give three examples of Revenue receipts.
Distinguish between Capital Receipts and Revenue Receipts.
Amount received on sale of stock-in-trade is a ______ receipt.
Amount obtained from a customer previously written off as bad debt is a ______ receipt.
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Any lump sum receipt is always a capital receipt.
