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Write a short note on revenue receipt. - Accountancy

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प्रश्न

Write a short note on revenue receipt.

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उत्तर

Receipts which are obtained in the normal course of business are called revenue receipts. It is recurring in nature. The amount received is generally small.

Examples:

  • Proceeds from the sale of goods
  • Interest on investments received
  • Respect Received
  • Dividend from investment in shares.
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Capital and Revenue Receipts
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 11: Capital and Revenue Transactions - Very short answer questions [पृष्ठ २३६]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
अध्याय 11 Capital and Revenue Transactions
Very short answer questions | Q II 4. | पृष्ठ २३६
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