Question

Study of revenue and capital receipts, and capital expenditure of minimum any ten (Non for profit )concerns.

Answer 1

Explanation:

Capital expenditures are for fixed assets which are meant for a longer period of time. They are charged via gradual depreciation over a decided period of asset life as normally their investment are considerably of good amount

Revenue expenditures are for costs that are related to particular revenue transactions or operations. For example, cost of goods sold or repairs and maintenance expense. These are not very huge investments, and are capitalised within a short period of time and the expense span is also short normally less than a year, preferably in months