what are capital receipts
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Capital receipts are a non- recurring incoming cash flow into your buiseness , which leads to the creation of liability ( a dept to be paid in future) and a decrease in company assets.
ananya89:
what a silly joke dear
ha ha ... .
what's silly in this
oh yes! u r studying only from ur books
so u think all r like uh
stupid people use to fight like this
this is a topic of accounts not of gk
okk
I know that's why I gave ans
yes u used to fight first it mean!
Answered by
2
Capital receipts refer to those receipts which either create a liability or cause a reduction in the assets of the government. They are non-recurring and non-routine in nature.
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