Which of the Following Is a Revenue Receipt

question 8

Multiple Choice

Which of the following is a Revenue Receipt?

• A)loan from the imf
• B)grant received from the world bank
• C)borrowing from the public
• D)sale of the shares held by the government in hmt

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Definitions:

Statement

A record that summarizes financial activities, such as income and expenses, over a specific period.

Design Services

Professional services that envision and plan the construction, functionality, and aesthetics of various projects or components.

Accounting Equation

The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Equity, representing the relationship between an entity’s resources and how those resources are financed.

Cash Dividends

Payments made by a corporation to its shareholder members, usually derived from the company’s profits.