CAPITAL AND REVENUE RECEIPTS definition with examples and formula

Definition of CAPITAL AND REVENUE RECEIPTS with formula and example to solve the problems with the suitable solution using concept in accounting keeping in mind the limitations and errors. How to calculate CAPITAL AND REVENUE RECEIPTS with disadvantages and advantages using the rules in Cost and Management Accounting.

CAPITAL AND REVENUE RECEIPTS

1.          CAPITAL AND REVENUE RECEIPTS Receipts are the amounfactually received. They can be either or capital nature or revenue nature. Capital receipts include. i)                  Receipts from the sale of any fixed assets of the business. ii)                Capital introduced by the … Continue reading

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