If a property developing company sells a completed building to an interested third party, this sale can be treated in the books of the company as? - SchoolNGR

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If a property developing company sells a completed building to an interested third ...

If a property developing company sells a completed building to an interested third party, this sale can be treated in the books of the company as?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Capital receipt
B Revenue receipt
C Windfall receipt
D Miscellaneous receipt

Correct Answer: Option A

Explanation:

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