Accountancy, asked by gopi200311, 1 month ago

Give two examples for capital receipts and two examples for revenue receipts of not–for–

profit organisation​

Answers

Answered by narkaranuj03
0

Explanation:

Capital Receipts: Receipts which are non-recurring in nature and not forming part of regular flow of income is known as Capital Receipts

e.g.- Donation for Building, life membership fees

Revenue Receipts: Receipts which are recurring in nature and represent regular flow of income are known as Revenue Receipts

e.g.- Subscription, Rent, Intrest received

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