Accountancy, asked by gurusarangi78, 11 months ago

All receipts of capital nature are shown in

Answers

Answered by anujahbhosale
2

Answer:

Receipts are the earning of the company and through it revenue is generated. Not all the receipts contribute towards the profit and loss in business. Receipts can be categorized as

Revenue receipts and

Capital receipts.

To some extent, we can say that revenue receipts affect the profit and loss of the business and capital receipts don’t.

For a better understanding of the revenue receipts and capital receipts let’s discuss these terms in detail.

Answered by kishorereddy29pb8szr
0

Answer:

Revenue receipt cash receipt credit note

Explanation:

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