The term Credit is derived from HomeFinancial Accounting MCQsThe term Credit is derived fromQ. The term Credit is derived fromA. French wordB. Greek wordC. Latin wordD. None of the aboveAnswer: Latin word
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