Revenue Receipts Meaning In Accounting In Hindi
Capital receipts capital receipts are business receipts which are not related to.
Revenue receipts meaning in accounting in hindi. Start a discussion. Hindi urdu for more informational educational video visit zpz education channel subscribe must zpz. Defination of capital and revenue receipt in hindi follow 20 replies. A brief explanation of both the types is given below.
A company s revenues are amounts it has earned as the result of business activities such as selling merchandise or performing services under the accrual method of accounting revenues are reported on the income statement in the period in which they are earned even though the dependable customers will pay the company. What is the difference between revenues and receipts.
What is the defination of capital and revenue receipt and difference between them please answer in hindi thanx for ur kind support income tax. It leads to an overall increase in the total revenue of the company these funds are generated from a firm s operating activities hence they are shown inside trading and profit and loss account and not in a balance sheet. For example a retail store might rent the building it occupies. Accounting taxation corporate and other laws view more.
Ipcc accounting advanced accounting. This video give the basic concept of what is receipts revenue receipts with example.
Business receipts are inflow of economic resources mostly in the form of cash and cash equivalents. In accounting and finance they can be divided into two types capital receipts and revenue receipts.