are not available for distribution as profits while_ can be utilized for creating reserve fund or...
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are not available for distribution as profits while_ can be utilized for creating reserve fund or for distribution as profits after deducting revenue exp. A Revenue receipts, Capital receipt B Capital receipt, Revenue receipts C Capital receipt, Capital receipt D Revenue receipts, Revenue receipts are not available for distribution as profits while_ can be utilized for creating reserve fund or for distribution as profits after deducting revenue exp. A Revenue receipts, Capital receipt B Capital receipt, Revenue receipts C Capital receipt, Capital receipt D Revenue receipts, Revenue receipts
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Correct option is B Explanation i Capital Receipts Receipts of a nonrecurring nature and meant for s... View the full answer
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