Question

transaction the increase capital is called income true or false​

Answer 1

hey mate here is your answer:-

the increase in capital is called income .

this statement is true .

thank u for your question dear :)

Answer 2

Introduction:

A completed agreement between a buyer and a seller to trade products, services, or financial assets in exchange for money is referred to as a transaction.

Explanation:

Income is the value or quantity that individuals and companies earn in exchange for their work and goods. Individuals often regard their gross income to be the sum of their wages and salaries, the return on their investments and property sales, and other revenues.

As a result, the assertion is false.