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ca umamaheswara rao


{ City } guntur
< Country > india
* Profession * chartered accountant
User No # 78662
Total Questions Posted # 1
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Questions / { ca umamaheswara rao }
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why the provision is created in profit and lose account

Wipro,

1 Accounting General 4415



Answers / { ca umamaheswara rao }

Question { Genpact, 14213 }

what is the defination of capital income?


Answer

Capital income means income received from transactions
other than regular business transacitons. For eg: income
received from sale of fixed asset.

Is This Answer Correct ?    34 Yes 0 No