Question

an essential characteristics of capital receipt is?​

Answer 1

Answer:

Features of Capital Receipts

Funds generated from capital receipts are from non-operating activities. It either creates a liability or reduces the asset. It has no impact on the income statement instead balance sheet is affected by the capital receipts.

Answer 2

Answer:

Explanation:

Features of Capital Receipts

Funds generated from capital receipts are from non-operating activities. It either creates a liability or reduces the asset. It has no impact on the income statement instead balance sheet is affected by the capital receipts