The nature of financial accounting is: HomeFinancial Accounting MCQsThe nature of financial accounting is:Q. The nature of financial accounting is:A. HistoricalB. AnalyticalC. SocialD. Forward lookingAnswer: Historical
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