Economy, asked by rubytyagi561, 1 month ago

Differentiate Revenue recript & capital receipt with example.​

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Answered by itzangelgirl91
1

Answer:

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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 of ...

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