Accountancy, asked by mittalraval580120, 11 months ago

what is revenuese recipts​

Answers

Answered by jisoo86
1

Explanation:

Revenue receipts can be defined as those receipts which neither create any liability nor cause any reduction in the assets of the government. For example, taxes received by the government, unlike borrowings, do not create any liabilities for it

Answered by thanyabgangandhar8
1

Answer:

Revenue receipts can be defined as those receipts which neither create any liability nor cause any reduction in the assets of the government. ... For example, taxes received by the government, unlike borrowings, do not create any liabilities for it.

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