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Thursday, March 18, 2010

Capital Loss

Capital losses are those losses which are incurred at the sale of fixed assets. It also consists the losses on raising capital. Such losses are shown on asset side in the balance sheet. The some example of capital losses may be as follows:
  • Loss on sale of machinery at lower price than its book value.
  • Loss or discount on issue of shares.
  • Loss or discount on issue of debentures.

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