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Capital receipts are usually obtained in case of a company: - Commercial Studies

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Question

Capital receipts are usually obtained in case of a company:

Options

  • From issue of shares, debentures

  • Borrowings

  • Sale of fixed assets or investments

  • All of the above

MCQ

Solution

All of the above

Explanation:

  1. Capital receipts refer to the receipts of a non-recurring nature.
  2. Some examples of capital receipts are Borrowings, Amount received from the sale of investments and fixed assets, Capital raised by an issue of shares and debentures, etc.
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Distinction Between Capital and Revenue Receipts
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Chapter 6: Capital and Revenue Expenditure/Income - EXERCISES [Page 80]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 6 Capital and Revenue Expenditure/Income
EXERCISES | Q 16. | Page 80
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