Question

differenciate between revenue income and capital income​

Answer 1

Answer:

Revenue is your normal income from sales of goods or the supply of services. Capital income is income that arises from an asset because of the passage of time, not because the asset is being used. So, buying land at $2m and selling at $3m generates capital income of $1m.

Answer 2

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Revenue is your normal income from sales of goods or the supply of services. Capital income is income that arises from an asset because of the passage of time, not because the asset is being used. So, buying land at $2m and selling at $3m generates capital income of $1m.Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period. Revenue expenditures are the ongoing operating expenses, which are short-term expenses used to run the daily business operations.