Saved Bookmarks
| 1. |
Define capital recipt |
|
Answer» Capital receipts are receipts of non reccuring nature Capital receipts are the income received by the company which is non-recurring in nature. They are part of the financing and investing activities rather than operating activities. The capital receipts either reduces an asset or increases a liability. Capital Receipts do not frequently occur, as it is non-recurring and irregular. |
|