what is the difference between capital income and capital
receipt?



what is the difference between capital income and capital receipt?..

Answer / annapurna

Capital Income is otherwise termed as capital gain.It is
surplus of receipt over the equisition of the property.
Capital receipt is receipt of money through sale of
property.

Is This Answer Correct ?    9 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

what is the difference between mutual fund and banks

1 Answers   NIIT,


What's COOP

1 Answers  


what is Suspence Account?

14 Answers   Home Learning College, Wipro,


What is MIS Report? How do you make MIS Report?

2 Answers  


Define EBIT & EBITDA?

7 Answers   Core Logic, Genpact,






Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

0 Answers  


what difference between current cost and current value?

1 Answers  


what is reconciliation

9 Answers  


I need all WNS interview questions

0 Answers  


what is meant by credit derivative?

1 Answers   Wipro,


What is Amalgamation?

5 Answers   Genpact,


If one person has been paid excess salary in particular month. In next month we want to deduct the excess given in last month what will be the entry, Assume: excess given 2227 This month details : Gross 20058, PF 780, PT 200, and net must be 16851 all effective figures must consider in entry

3 Answers  


Categories