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Define capital recipt

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Define capital recipt

Posted by Mirza Nayab Beg 6 years, 11 months ago

CBSE > Class 11 > Accountancy

2 answers

Aryan Gamer 6 years, 11 months ago

Capital receipts are receipts of non reccuring nature

Yogita Ingle 6 years, 11 months ago

Capital receipts are the income received by the company which is non-recurring in nature. They are part of the financing and investing activities rather than operating activities. The capital receipts either reduces an asset or increases a liability. Capital Receipts do not frequently occur, as it is non-recurring and irregular.

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