Archive | Revenue Receipts

Difference between Capital and Revenue Receipts

Here we detail about the difference between capital and revenue receipts. Capital Receipts: 1. Capital receipts are not available for distribution as profits. 2. Capital receipts cannot be utilized for the creation of reserve fund. 3. Loans raised from debenture-holders and financial institutions etc., 4. Any amount received by the business enterprise which is not […]

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