Accounting

Dissimilarities between Capital Profit and Revenue Profit Capital profit is the profit which arises not from the normal course of the business. Profit on sale of…

Capital loss are the losses which arise not from the normal course of business. Loss on sale of fixed asset is an example of capital…

Revenue loss are the losses that arise from the normal course of the business. In other words, ‘net loss’ – i.e., excess of revenue expenditures…

Difference among Capital Expenditure, Revenue Expenditure and Deferred Revenue Expenditure. Capital Expenditure Period of Benefit: Benefit is enjoyed beyond the accounting year, lasts for a…

Revenue profit is the profit which arises from the normal course of the business, i.e, Net Profit – the excess of revenue receipts over revenue…

Capital profit is the profit which arises not from the normal course of the business. Profit on sale of fixed asset is an example for…

Deferred Revenue Expenditure A heavy revenue expenditure, the advantage of which may be comprehensive over a number of years, and not for the present year…

Difference between Capital Receipt and Revenue Receipt Capital Receipts do not regularly happen, as it is non-recurring and uneven. But, revenue receipts do not happen…

Revenue receipt is the receipt of income which is earned during the normal course of business. It is recurring in nature. It refers to those…

Revenue expenditures consist of those expenditures, which are incurred in the normal course of business. It is an amount that is expended immediately—thereby being matched…