Analysis school transactions into revenue and capital receipts and capital expenditure
Answers
Answered by
6
while capital expenditure results in the acquisition of assets which .... nor are the gross trading receipts (revenue from sales of stamps, .... Secondary schools are regarded as being in ...
PLEASE MAKE ME AS A BRAINLIST ANSWER BRO
Answered by
1
Explanation:
Capital Receipts are those receipts which are non-recurring in nature and generate benefits for many years in the future. We show these receipts on the liabilities side of the balance sheet. Examples of capital receipts are the sale of fixed assets, capital contribution, loan receipts, a loan from bank etc.
Similar questions