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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 30: Ac Types, Balances, and Entries
  5. Question
    Any Income or Profit Derived by Carrying on the Business
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Any Income or Profit Derived by Carrying on the Business

Question 19

Question 19

Multiple Choice

Any income or profit derived by carrying on the business or during the course of business is called-


A) Capital Receipt .
B) Revenue Receipt .
C) Revenue Gain .
D) Capital Gain

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