Insurance claim received on machinery destroyed by fire is a _?

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Insurance claim received on machinery destroyed by fire is a (A) Capital receipt...
Posted by:
prince yash
03-May-2017

a. Capital Receipt

b. Revenue Receipt

c. Capital Expenditure

d. Revenue Expenditure

Accounting Auditing Cost Accounting Economics Finance

Question ajoutée par Shamseer KM , HR Payroll Officer , Al Darwish Engineering W.L.L
Date de publication: 2016/06/29

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4 Réponses

Utilisateur supprimé

par Utilisateur supprimé

BASICALLY MACHINERY IS AN FIXED ASSET CAPITAL NATURE

SO CLAIMS ALSO TREAT AS CAPITAL RECEIPT ONLY

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par Suvidya M , Assistant Finance Manager , Mobileum Technoloy Pvt Ltd

the receipt of claim in a capital in nuture

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Mamoun elbaghir abdalla mhamad Eltayeb

par Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

Insurance claim received is a Recovery

Thanks

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Muhammad Sabith

par Muhammad Sabith , Accountant , SIMORA

a. Capital Receipt .....................

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