Question

Give 10 examples for capital receipts, revenue receipts, capital expenditure, revenue expenditure

Answer 1

capital receipts -
Donations
membership fees
shares money
debentures money
receipts on sale of assets

revenue receipts-
Rent received
commission received
sales
insurance
other incomes

capital expenditure-
overhauling expenses
other expenses that improve the production capacity
purchase of assets
Investments

revenue expenditure-
advertising
labour
rent
salaries
repairs,maintenance

Answer 2

Answer:

Capital receipt

• amount received from the sale of fixed asset or investment

• capital contributed by proprietors partners all money exchange from issues of shares and debentures

• amount received by way of loans

Revenue receipt

• money obtained from sales of goods

•Commission and fees received from service rendered

•interest and dividend received on investment