Q. Which of the following is not a capital receipt? (Solved)
1. 'salami' for settlement of tenancy.
2. insurance claim received on machinery lost by fire.
3. lump sum received on sale of shares.
4. goods sold for cash.
- d. goods sold for cash.
1. 'salami' for settlement of tenancy.
2. insurance claim received on machinery lost by fire.
3. lump sum received on sale of shares.
4. goods sold for cash.