Chapter: Accounts of 'Not for Profit' Concerns· Book-Keeping & Accountancy

Write a word / term / phrase which can substitute the statement: The receipts which are recurring in nature.

Q.1 (B) (iv) Write a word / term / phrase which can substitute the statement: The receipts which are recurring in nature.

Doubtly Asked 29 Oct 2026 Board exam · July 2025 hsc 12th Save WhatsApp Report

1 answer

Best answer

Answer: Revenue receipts

Receipts of a regular, recurring nature, such as subscriptions, entrance fees and interest received, are revenue receipts. They are credited to the Income and Expenditure Account.

Doubtly AI · 29 Oct 2026 AI-generated · not yet verified Report

Was this answer helpful?

Write a word / term / phrase which can substitute the statement: The receipts which are recurring in nature.

1 answer

Your answer