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