Question
All of the following are capital receipts, except
________Solution
Capital receipts areĀ funds that a companyreceives from non-operational sources.Ā They are typically non-recurring transactions that increase liabilities or decrease assets.Ā Capital receipts are used for financing long-term expenditures or debt repayments. These include capital raised and borrowings raised, related receipts. Trade creditor is a revenue receipt.
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