write three difference between capital payment and capital recipt?
Answers
Answer:
hy
Explanation:
Capital Receipts and Capital Expenditures. ... Non-debt receipts are those which come to the government by sale of some assets. Most of the capital receipts of the government are debt receipts and are shown as liabilities of the Government's balance sheet
↫↫↫↫↫ Hope it helps you
Plz mark me brainlist ↬↬↬↬↬
Difference Between Capital Receipt and Revenue Receipt
In general, two types of receipts occur during the course of business. Capital Receipts are described as the money brought to the business from non-operating sources like proceeds from the sale of long-term assets, capital brought by the proprietor, sum received as a loan or from debenture holders etc. In contrast revenue receipts are the result of firm’s routine activities during the financial year, which includes sales, commission, interest on investment.
Capital receipts differ from revenue receipts, in the sense that the former has no bearing on profit or loss for the financial year, whereas the latter is set off against the revenue expenses for the period. Read the article provided to you, so as to understand the difference between capital receipt and revenue receipt.