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Court hire is revenue or capital …

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Court hire is revenue or capital receipt

    • Posted by Lovely Dhawan 5 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Pooja Laharwani 5 years, 10 months ago

    And as income and exp acc involves items both of revenue and capital nature so it is a item of capital receipt if received on lump sum basis and if received in less amt so revenue receipt

    1Thank You

    Pooja Laharwani 5 years, 10 months ago

    Court hire or ground hire comes in income and exp acc at income side

    0Thank You

    Jyotirmay Chakraborty 5 years, 10 months ago

    Capital receipt

    0Thank You

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