Accountancy, asked by gopika65, 10 months ago

Donations received for Construction of building is a
a) revenue receipt
b) capital expenditure
c) capital receipt
d) revenue expenditure

Answers

Answered by soumya7885

4

Answer:

capital expenditure.

Explanation:

THESE TYPE OF DONATION IS RECEIVED FOR ACQUIRE OR RENEW OR REPAIR LONG TERM ASSETS LIKE BUILDING..

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