A

Admin • 833.24K Points
Coach

Q. Which of the following is an example of a capital receipt?

  • (A) Interest received
  • (B) Commission received
  • (C) Loan taken from bank
  • (D) Rent received
  • Correct Answer - Option(C)
  • Views: 23
  • Filed under category Accounting
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Explanation by: Admin

Loan is a capital receipt as it is not received from operations but from financing.

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