Mention two differences between revenue receipts and capital receipts.

Question

differences between Capital Receipts and Revenue Receipts:Capital ReceiptsRevenue ReceiptsCapital Receipt is the amount...

Accepted Answer

differences between Capital Receipts and Revenue Receipts:Capital ReceiptsRevenue ReceiptsCapital Receipt is the amount...

Capital Receipts	Revenue Receipts
Capital Receipt is the amount which a company receives by selling the fixed assets or loan taken from the bank.	Revenue Receipt is the amount which a company receives out of proceeds from selling goods and services.
Balance Sheet	Trading and Profit & Loss Account
Non-Recurring	Recurring