Categorize the following items into Revenue and Capital Receipts.
Statement-Borrowings from public.
Download our app for free and get startedPlay store
Capital receipt.
Reason: It creates liability for the government.
art

Download our app
and get started for free

Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*

Similar Questions

  • 1
    Why is payment of interest a revenue expenditure?
    View Solution
  • 2
    Categorize the following items into Revenue and Capital Receipts.
    Statement-Foreign aid against earthquake victims.
    View Solution
  • 3
    Categorize the following items into Revenue and Capital Expenditure.
    Statement-Interest paid on National Debt.
    View Solution
  • 4
    Categorize the following items into Direct and Indirect Taxes.
    Statement Corporate tax.
    View Solution
  • 5
    Categorize the following items into Revenue and Capital Receipts.
    Statement-Loan from the Australian government.
    View Solution
  • 6
    Categorize the following items into Revenue and Capital Expenditure.
    Statement- Expenditure on construction of Metro.
    View Solution
  • 7
    Define marginal revenue.
    View Solution
  • 8
    What is proportional tax?
    View Solution
  • 9
    States the categories of GST.
    View Solution
  • 10
    Define capital budget.
    View Solution