Capital receipts are essentially incoming cash flows that come from 1 of 3 different sources. These sources are cash from a sale, cash from shares of stocks, and cash from a debt instrument.
Non-debt capital receipts consist of recoveries of loans (RoL), and other receipts, which are disinvestment receipts (DR).
Non-debt capital receipts consist of recoveries of loans (RoL), and other receipts, which are disinvestment receipts (DR).
Non-debt capital receipts consist of recoveries of loans (RoL), and other receipts, which are disinvestment receipts (DR).
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REVENUE RECEIPTS* Receipts related to NORMAL ACTIVITIES of the business* Credited as revenue to Trading and Profit & Loss Account* Examples: receipts from sales of goods and services, rent, commission and interest on bank deposits received by the businessCAPITAL RECEIPTS * Receipts derived from activities which are not part of the normal trading activities of the business* Appears as capital or liabilities in the Balance Sheet* Examples: receipts of cash brought in by partners, shareholders, debenture holders and bank loans
Your supervisor asks you to compile the credit card receipts. What should you do to the receipts?
Graham Moody has written: 'Boosting housing investment through capital receipts' -- subject(s): Housing, Finance
calculating a cash receipts
Transactions recorded in the cash receipts journal are, all receipts of cash.
Gross receipts are the total of all sales with out the deduction of any expenses. Net receipts are the gross receipts minus returns, allowances and discounts.?æ
Capital RevenueProceeds from the sale of non-financial capital assets, including land, intangible assets, stocks, and fixed capital assets of buildings, construction, and equipment of more than a minimum value and usable for more than one year in the process of production, and receipts of unrequited transfers for capital purposes from non-governmental sources.http://www.treasuryota.us/ust100/lessons/glossary.htm
Ignore the opening and closing cash and bank balances on the receipts and payments account. Eliminate all items of capital receipts and payments. Figure out the income of the year by deducting the total income received and adding the income accrued. Find the expenditure of the relevant period as well. When the account is balanced, it will show the surplus or deficit of the account.