Question
Download Solution PDFAmong the following, which of these are an example of capital receipt?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Borrowings and loan recovery.Key Points
- Capital receipt refers to the inflow of funds that do not result from the regular business operations of a company.
- Borrowings and loan recovery are examples of capital receipts because they involve the inflow of funds that are not generated from the company's regular business activities.
- Borrowings refer to the funds borrowed by a company from external sources such as banks or financial institutions.
- Loan recovery refers to the repayment of loans that were previously taken by the company.
Additional Information
- Rent and commission received, sale of goods and rent, and commission and dividend received are not examples of capital receipt because they are generated from the regular business operations of a company.
- Rent and commission received are revenues earned by a company for providing services or renting out property.
- Sale of goods and rent refers to the sale of goods and the rental income earned from that sale.
- Commission and dividend received are payments made to a company for services rendered or as a return on investment in shares.
Last updated on Jun 26, 2025
-> SSC MTS 2025 Notification has been released by the Staff Selection Commission (SSC) on the official website on 26th June, 2025.
-> A total of 1075 Vacancies have been announced for the post of MTS and Havaldar in CBIC and CBN.
-> The last date to apply online will be 25th July 2025 as per the SSC Exam Calendar 2025-26.
-> The selection of the candidates for the post of SSC MTS is based on Computer Based Examination.
-> Candidates with basic eligibility criteria of the 10th class were eligible to appear for the examination.
-> Candidates must attempt the SSC MTS Mock tests and SSC MTS Previous year papers for preparation.