Compensation received for loss of trading asset is a……………….. January 11, 2022January 11, 2022 administrator A. capital receipt.B. revenue receipt.C. a casual receipt.D. none of these.Check AnswerA. capital receipt. Share the PostRelated Posts:Which one of the following has a right to claim…A total of 3000 chocolates were distributed among…The rate of depreciation on intangible asset is…Masood purchased a plot for Rs. 8,000. He sells the…Loss due to fire of hired machinery…ICC has dismissed Pakistan’s case against India that…