Challenger App

No.1 PSC Learning App

1M+ Downloads
Amount received or sale of land is ________________

ARevenue Receipts

BCapital Receipts

CInvestment Receipts

DNone of these

Answer:

B. Capital Receipts


Related Questions:

________ is the second item to be appeared under capital and liabilities in the Balance Sheet of a banking company.
When Cash or goods or assets are taken for private use are called _________
Donations received by Non-profit-making Organizations for a special purpose will be taken to the
The uncalled portion of share capital set apart to be called only at the time of liquidation
Sales less cost of goods sold equal to :