Which receipts are called 'Revenue Receipts'? (Answer in one sentence)
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THOSE RECEIPT WHICH ARE RECURRING IN NATURE AND SUCH RECEIPT GIVE A REGULAR FLOW OF INCOME OF A CONCERN .ARE CALLED........
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=) The capital receipts are called 'Revenue Receipts' .
Extra information :-
=) Revenue receipts are cash gotten by a business because of its ordinary business tasks. Along these lines, revenue receipts influence the benefit or loss of a business. Capital receipts are non-repeating receipts that either increment a risk or decline an advantage .
A capital receipt by and large outcomes from financing exercises as opposed to operational exercises, however there are numerous different contrasts . A receipt diary passage for revenue influences money or records receivable and revenue.
=) The capital receipts are called 'Revenue Receipts' .
Extra information :-
=) Revenue receipts are cash gotten by a business because of its ordinary business tasks. Along these lines, revenue receipts influence the benefit or loss of a business. Capital receipts are non-repeating receipts that either increment a risk or decline an advantage .
A capital receipt by and large outcomes from financing exercises as opposed to operational exercises, however there are numerous different contrasts . A receipt diary passage for revenue influences money or records receivable and revenue.
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