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3.1k views
in Accountancy by (48.1k points)

Donations received for a specific purpose is ________. 

(a) Revenue receipt 

(b) Capital receipt 

(c) Revenue expenditure 

(d) Capital expenditure

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2 Answers

+1 vote
by (48.4k points)

(b) Capital receipt

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by (65 points)
(b) Capital receipt

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