Question

Q 1. Amount received from sale of grass by a club should be treated as: (A) Capital Receipt (B) Revenue Receipt (C) Assets (C) Earned Income ​

Answer 1

Answer:

$\fcolorbox{red}{black}{ \fcolorbox{pink}{cyan}{ \color{blue}Right Answer is: B}}$

SOLUTION

The amount received from the sale of grass by a club should be treated as a revenue receipt as it happens more frequently.

Explanation:

Okay

Answer 2

According to the law of conservation of linear momentum, for an object or system of objects, the total momentum of the system is always conserved if no external force acts on them. The unit of kg.m.s-1 and the dimensional formula is MLT-1.