Accounting 0452 · IGCSE · Capital and revenue expenditure and receipts

Capital and revenue expenditure and receipts — practice question

Which item would be classed as a revenue receipt?

  • Acash invested by the owner of the business
  • Bproceeds from the sale of a non-current asset at book value
  • Crent received from letting part of the premises
  • Dshort-term loan received from a finance company

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