CBSE Class 12-commerce Answered
What
is the difference between revenue and capital budget?
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
Expert Answer
In the government budget, revenue receipts and revenue expenditure are shown under revenue account and is known as revenue budget. While capital receipts and capital expenditure are shown under capital account and is known as capital budget.
Answered by | 19 Apr, 2016, 11:14: AM
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