Accountancy, asked by shibani55, 1 year ago

is donation is capital or revenue in nature ​

Answers

Answered by ayushi8462
0

Answer:

revenue............

hope it helps ...

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shibani55: can u tell me how
ayushi8462: Contributed revenue" refers to gifts made freely without receiving any goods or services in exchange. Donationsand grants are examples of contributedrevenue. ... For the donor, the difference between contributed revenue and earnedrevenue is that only contributions are eligible for a tax deduction.
shibani55: thnx
ayushi8462: mark me
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