Which of the following is not true for capital receipts ?

Question

Identify the capital account transaction from the following:

Answer 1

The correct option is (A) :They are regular and recurring in nature

List I Formula		List II Term/Item
A.	Current liiabilities - working capital	I.	Capital Employed
B.	Shareholders Fund - Debts	II.	Operating Cost
C.	Operating Expenses - Cost of Revenue from operation	III.	Current Assets
D.	Net Profit - Non Operating Expenses (-) Non Operating Inccentive	IV.	Operating Profit

The Correct Option is A