Question

The difference between revenue expenditure and revenue receipts is

Answer 1

Answer:

Differences Between Capital Receipts and Revenue Receipts. Receipts are just the opposites of expenses. ... But revenue receipts affect the profit or loss of a company. As an example, we can say that sale of products, the commission received etc. are revenue receipts

Answer 2

The difference between total revenue expenditure to the total revenue receipts is Revenue Deficit.