Security premium is a

Capital receipt
Revenue receipt
Personal receipt
Current liability

The correct answer is A. Capital receipt.

A security premium is a payment made by an investor to a company in exchange for shares in that company. It is a capital receipt because it represents an increase in the company’s assets. The company can use this money to invest in new projects, expand its operations, or pay down debt.

A revenue receipt is a payment made by a customer to a company in exchange for goods or services. It is a revenue receipt because it represents an increase in the company’s income. The company can use this money to pay its expenses, make investments, or distribute dividends to shareholders.

A personal receipt is a payment made by an individual to another individual. It is a personal receipt because it does not represent an increase in the company’s assets or income. The company cannot use this money for any of its business purposes.

A current liability is a debt that a company must pay within one year. It is a current liability because it is due to be paid within a relatively short period of time. The company must have enough cash on hand to pay its current liabilities, or it may have to borrow money.

I hope this helps! Let me know if you have any other questions.