Accounting and Auditing
Quick practice
Question 1 of 5
If Company Z sold a machine costing Rs. 50,000 for Rs. 60,000. The amount of Rs. 60,000 would be treated as ____________.
A
Capital income
B
Capital receipt
C
Revenue income
D
Capital expenditure
Concepts
Basic Accounting Principles
Partnership Accounts
Corporate Accounting
Financial Statements Analysis
Auditing
Cost and Management Accounting
New Trends in Accounting
Accounting Standards
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