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How are the capital receipts different …

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How are the capital receipts different from revenue receipts?
  • 2 answers

Komal Poddar? 4 years, 3 months ago

Revenue receipts r recurring in nature whereas capital receipts r not recurring in nature

Komal Poddar? 4 years, 3 months ago

Capital receipt creates liability or reduces assets whereas revenue receipt neither reduces assets nor increases liability....
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