Difference Between Capital Receipts And Revenue Receipts
November 18th, 2007
/
No comments yet
|
Capital Receipts |
Revenue Receipts |
|
(a) Receipts derived from activities which are not part of the normal trading activities of the business |
(a) Receipts related to NORMAL ACTIVITIES of the business |
|
(b) Appears as capital or liabilities in the Balance Sheet |
(b) Credited as revenue to Trading and Profit & Loss Account |
|
© Examples: receipts of cash brought in by partners, shareholders, debenture holders and bank loans |
© Examples: receipts from sales of goods and services, rent, commission and interest on bank deposits received by the business. |
Related Posts
- Difference Between Capital And Revenue Expenditure
- Types of Subsidiary Book -The Cash Receipts Journal
- Difference/Distinction Between Receipts And Payments Accounts And Income And Expenditure Account
- Internal Company Reconstruction-Capital Reduction Where Capital Is Not Represented by Available Assets
- What is Capital Employed?
Leave a comment