
What is the defferent between capital revenue transaction

AnswerBot
1y

Capital transactions involve long-term investments while revenue transactions involve short-term gains.
Capital transactions involve the purchase or sale of long-term assets such as property, plant, an...read more
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PURCHASE,SALES,CASH,BANK,CARRIAGE, INTEREST,COMMISSION,BADDEBTS,
BADDEBTS RECOVERED ACCOUNT,
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PERSONAL
REAL
NOMINAL ACCOUNTS
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TRADING AND PROFITVAND LOSS ACCOUNT
BALANCE SHEET
MANUFACTURING TRADING ACCOUNT
INCOME AND EXPENDITURE ACCOUNT
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THERE ARE THREE RULES IN ACCOUNTING PRINICIPLES ARE THEY DEBIT THE RECEIVER CREDIT THE GIVER PURCHASE SALES DEBIT WHAT COMES IN CREDIT WHAT GOES OUT ASSESTS AND LAIBILITIES CASH AND BANK DEBIT ALL EXP...read more
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BALANCINIG ALL ASSETS AND LAIBILITIES
INCOME STATEMENT
FINANCIAL STATEMENT
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INCOME AND EXPENDITURE .
COMMISSIONRECEIVED
INTEREST PAID
BADDEBTS
BADDEBTS RECOVERED
CARRIAGE PAID
CASH TRANSACTIONS
PAYEMENT AND RECEPITS
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OWNED CAPITAL WHICH IS RELAISED
suddha Bhattacharyya
1y

Capital transactions involve long-term investments while revenue transactions involve short-term gains. Capital transactions involve the purchase or sale of long-term assets such as property, plant, a...read more
RAKSHITHA BJ
1y

The capital transaction is consuming a long term benifits from the area of transaction short term benifits
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