Question

Difference between capital receipts and revenue receipts​

Answer 1

The primary difference between Capital Receipts vs Revenue Receipts is that Capital receipts are the receipts of non-recurring nature which either creates the liability of the company or reduces the company's assets whereas revenue receipts are the receipts of recurring nature and are reported in the statement.

Answer 2

Answer:

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Explanation:

A company's revenues are amounts it has earned as the result of business activities such as selling merchandise or performing services. ... A company's receipts usually refers to the cash that it receives .