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What is the meaning of capital profite and capital reciet?
both are same or any different are there?
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Answer Posted / erphan jani khan
Profit earned on the capital invested in the business is
capital profit. Where as capital receipt means income on
sale of assets.
Both are not same. As Income is not a profit just it is a
receipt.
| Is This Answer Correct ? | 8 Yes | 4 No |
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