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SUMMARY of RECEIPTS and EXPENDITURES ONLY Form

SUMMARY of RECEIPTS and EXPENDITURES ONLY Form

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hi everyone welcome back to sahab Academy today in this third video of capital and revenue expenditure chapter we are going to understand the difference between capital receipts and revenue receipts now in the previous two videos we have completely understood what is capital expenditure and revenue expenditure the difference between those two right and we have also solved two problems on that how to identify everything now here we have to properly understand what our Capital receipts and what are Revenue receipts okay and how we are going to identify that and we are going to do that with this differentiation okay so let's start now before discussing the differentiation between Capital receipts and revenue receipts the first question that should pop up in your mind is that why there is a need of such differentiation why are we differentiating the receipt into two capital and revenue why are we doing this it's really simple understand as you saw in the first video of this

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