FIN611 - Advanced Financial Accounting
Question(s) similar to the following:
Which of the following is NOT a capital receipt?
Question 1: Which of the following is NOT a capital receipt?
Receipt from sale of fixed assets
Receipt of commission
Receipt of bank loan (Long-term)
Receipt of owners' equity
Similar Questions:
Question 2: Which of the following is NOT a capital receipt?
Receipt from sale of fixed assets
Receipt of commission
Receipt of bank loan (Long-term)
Receipt of owners' equity
Question 3: Which of the following is NOT correct?
Decrease in Assets will be debit
Decrease in Liabilities will be debit
Decrease in Expenses will be credit
Decrease in Revenue will be debit
Quizzes of FIN611 - Advanced Financial Accounting
Question 1: Which of the following is NOT a capital receipt?
Receipt from sale of fixed assets
Receipt of commission
Receipt of bank loan (Long-term)
Receipt of owners' equity
Similar Questions:
Question 2: Which of the following is NOT a capital receipt?
Receipt from sale of fixed assets
Receipt of commission
Receipt of bank loan (Long-term)
Receipt of owners' equity
Question 3: Which of the following is NOT correct?
Decrease in Assets will be debit
Decrease in Liabilities will be debit
Decrease in Expenses will be credit
Decrease in Revenue will be debit
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