1.

State the following items as Revenue Receipt or Capital Receipt a) Specic Donation b) Legacies

Answer»

a) Capital Receipt, 

b) Capital Receipt

Corected Question:-

State the following items as Revenue Receipt or Capital Receipt  

a) Specific Donation

b)Legacies

Answer:-

Specific Donation:-Specific Donation is a capital reciept.

Legacies:-Legacy is also a capital receipt.



Discussion

No Comment Found