Accountancy, asked by Anonymous, 6 months ago

Which of the following is considered as Capital Receipt for Not-for-Profit organization?

Answers

Answered by Anonymous

4

Answer:

Capital receipts: This is the income flow from the sale of fixed assets, cash from the sale of shares in the business, cash from the issuance of a debt instrument which includes loans and bonds. The sale of goods and services is not a capital receipt.

Explanation:

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