wiz-icon
MyQuestionIcon
MyQuestionIcon
267
You visited us 267 times! Enjoying our articles? Unlock Full Access!
Question

What is meant by capital receipts?

Open in App
Solution

Capital receipts are the receipts which do not arise out of a regular activity of the business but out of some casual or non-recurring transactions e.g., receipts from Sale of a fixed asset or from issue of shares.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Profit or Loss Account
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon