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Pre-post profit of incorporation

Accountancy

What is the difference between capital profit & revenue profit??


Rakesh Shah

Rakesh Shah

CA Final

5K+

27-Dec-21 17:42

363

Answers (1)

Capital profit - earned by selling assets, shares and debentures when Sale value > book value and face value. Revenue profit - earned in the ordinary course of the business i.e. sale of goods / services.


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