Which of the following is the distribution of profits to shareholders? HomeFinancial Accounting MCQsWhich of the following is the distribution of profits to shareholders?Q. Which of the following is the distribution of profits to shareholders?A. AmortizationB. Effective CapitalC. DividendD. ProvisionsAnswer: Dividend
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