Download App

CAPITAL AND REVENUE EXPENDITURE/INCOME — Commercial Studies STD 10 — Question

ICSE BoardEnglish MediumSTD 10Commercial StudiesCAPITAL AND REVENUE EXPENDITURE/INCOME1 Mark
MCQ
Premium received on issue of shares is a
  • ✓
    Capital receipt
  • B
    Revenue receipt
  • C
    Deferred revenue receipt
  • D
    None of these
✓

Answer

Correct option: A.
Capital receipt
A

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "MCQ" from CAPITAL AND REVENUE EXPENDITURE/INCOME→CAPITAL AND REVENUE EXPENDITURE/INCOME — all question types→Commercial Studies STD 10 question papers→ICSE Board STD 10 question papers→ICSE Board question paper generator→

Similar questions

Large amount of capital is required for construction and maintenance of _________ warehouses.
→
Which definition best describes indirect costs?
→
_________ cost is activity based. It increases with increase in output.
→
E-commerce stands for ________.
→
Which of the following is not an expectation of competitive competitors?
→
Marketing is a total system of interacting business activities design to plan, price, promote and distribute want satisfying goods and services to the benefit of potential _________.
→
Which cost decreases with increase in the volume of output?
→
"They are the members of the company, having voting rights also", who are they?
→
It is an account prepared to know the net profit/loss. It is also a nominal account and represents second stage
→
A budget relates to a _________ period
→