Advertisements
Advertisements
प्रश्न
What is capital profit?
उत्तर
Capital profit is the profit which arises not from the normal course of the business. Profit on sale of fixed assets is an example of capital profit.
APPEARS IN
संबंधित प्रश्न
Choose the following item into capital and revenue.
Registration expenses incurred for the purchase of land.
Choose the following item into capital and revenue.
Carriage paid on goods purchased.
State whether the following is capital and revenue.
White-washing the building ₹ 80,000.
State whether the following is capital and revenue.
Pulling down the old building and rebuilding ₹ 4,00,000.
Choose the following item into capital and revenue.
₹ 50,000 spent on a railway siding.
State whether the following expenditure is capital, revenue or deferred revenue.
Renewal of factory license ₹ 12,000.
State whether the following expenditure is capital, revenue or deferred revenue.
A sum of ₹ 4,000 was spent on painting the factory.
Choose the following receipt into capital and revenue.
Sale of investment ₹ 1,20,000.
Choose the following receipt into capital and revenue.
Commission received ₹ 30,000.
Identify the following item into capital or revenue.
₹ 2,000 paid for servicing the company vehicle.
