A

Admin • 802.91K Points
Coach

Q. A capital receipt is:

  • (A) Received from daily operations
  • (B) Not recurring in nature
  • (C) A regular income
  • (D) An indirect income
  • Correct Answer - Option(B)
  • Views: 2
  • Filed under category Accounting
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Explanation by: Admin
Capital receipts are one-time or non-recurring receipts like loans or capital introduced.

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