Entrance fees received by a club is treated as a _____
Revenue Receipt
Capital Receipt
Revenue Expenditure
Capital Expenditure
Entrance fees received by a club is treated as a revenue receipt
Find budget deficit from the following data:
Items (Rs in crore)
(i) Revenue receipts 40,000
(ii) Revenue expenditure 30,000
(iii) Capital receipts 30,000
(iv) Capital expenditure 50,000
Calculate Budgetary Deficit from following data:
Items (Rs In crore)
(i) Revenue expenditure 60,000
(ii) Capital expenditure 30,000
(iii) Revenue receipts 50,000
(iv) Capital receipts 25,000