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Medium term loan obtained from bank for augmenting working capital is:
- a)Revenue Expenditure
- b)Capital Expenditure
- c)Revenue Receipt
- d)Capital Receipt
Correct answer is option 'D'. Can you explain this answer?
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Medium term loan obtained from bank for augmenting working capital is:...
Receipts which are obtained in course of normal business activities are revenue receipts and all receipts other than revenue receipts are capital receipts. Securing of loan is not a normal business activity and hence medium term loan taken from bank for augmenting working capital is a capital receipt.
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Medium term loan obtained from bank for augmenting working capital is:...
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Medium term loan obtained from bank for augmenting working capital is:a)Revenue Expenditureb)Capital Expenditurec)Revenue Receiptd)Capital ReceiptCorrect answer is option 'D'. Can you explain this answer?
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Medium term loan obtained from bank for augmenting working capital is:a)Revenue Expenditureb)Capital Expenditurec)Revenue Receiptd)Capital ReceiptCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Medium term loan obtained from bank for augmenting working capital is:a)Revenue Expenditureb)Capital Expenditurec)Revenue Receiptd)Capital ReceiptCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Medium term loan obtained from bank for augmenting working capital is:a)Revenue Expenditureb)Capital Expenditurec)Revenue Receiptd)Capital ReceiptCorrect answer is option 'D'. Can you explain this answer?.
Medium term loan obtained from bank for augmenting working capital is:a)Revenue Expenditureb)Capital Expenditurec)Revenue Receiptd)Capital ReceiptCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Medium term loan obtained from bank for augmenting working capital is:a)Revenue Expenditureb)Capital Expenditurec)Revenue Receiptd)Capital ReceiptCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Medium term loan obtained from bank for augmenting working capital is:a)Revenue Expenditureb)Capital Expenditurec)Revenue Receiptd)Capital ReceiptCorrect answer is option 'D'. Can you explain this answer?.
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