An annuity for an infinite time period is ____ HomeFinancial Accounting MCQsAn annuity for an infinite time period is ____Q. An annuity for an infinite time period is ____.A. AnnuityB. Capital recovery factorsC. PerpetuityD. IrredeemableAnswer: Perpetuity
Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is nature and profit on sale is