Economy, asked by charanjit57, 1 year ago

is capital receipt revenue receipt ?

Answers

Answered by suryansh5555

2

Answer:

Capital Receipts appears on the liabilities side of the Balance Sheet whereasRevenue Receipts appears on the credit side of the Profit and Loss Account asincome for the financial year. The capital receipt is received in exchange for the source of income. Unlike revenuereceived which is a substitution of income

Previous Question

Next Question

Similar questions

Math, 6 months ago

find the ratio in the simplest form 30:45...

English, 6 months ago

How did Matilda enjoy the party?

Math, 6 months ago

What is meant by circumference of a circle...

Math, 1 year ago

If x=15/-16 So 3(1-x)+2(1+x) Pls ans quickly Thx in advance...

Physics, 1 year ago

Find the SI & C.G.S unit of the gravitational constant 'G'...

Math, 1 year ago

what's the formula to find the radius of a cylinder by knowing its circumference...

Social Sciences, 1 year ago

Difference between acidic and basic igneous rocks.

Science, 1 year ago

the average marks of 18 students was calculated to be 65 however it was later found out that the marks of one student has been wrongly entered as 24 instead of 34 end of another 88 instead of 78 find the correct average...