endowments

According to the American Accounting Association, Committee on concepts and accounting principles "is the monetary expression of the amount of revenue transferred to the goods or services by an enterprise to its customers during a given period of time."

Retained earnings and capital revenue

capital gains of the company include contributions of the partners or shareholders, loans, proceeds from the sale of fixed assets, etc. In the case of clubs and associations, receivedLife account of subscriptions, fees, grants, inheritances and gifts entered the capital. tax revenue of a company's money from the sale, get discounts, commissions, interest on investments, etc., etc. Annual dues, sales of golf clubs and balls, revenue from other local, should be used on some charges .

revenue receipts in the income account (trading and profit and loss account), while the treatment of capitalRevenue in the treatment of the balance sheet.

If a particular receipt is capital or revenue? The guidelines can indicate the following:

- Type of income is by its nature in the hands of the person who has done can not be determined by the source of payment to the payment of interest on the capital of a company is still in development capital expenditures for the company but received revenue hands the person who receives it.

- In case of a singleSettlement of purchase and sale of immovable property of the owner to decide whether the receipt is capital or revenue, for example, A sells shares held by him as an investment, it is a capital receipt, but if A sells the shares speculative motive would be a confirmation of income.

- Evidence in regard to fixed assets is a capital preservation during a receipt of assets in the short term is a receipt, for example, sales of buildings, facilities, etc., form the entrance, while sales of capitalStock-exchange revenue received.

- If a receipt to replace a source of income is a capital receipt, but if it is "in place of income alone, such sales at the time in a car accident and passenger death or permanent disability , the compensation received from the capital of the railway company received, because this input is to say, as a source of income replacement for his life, but if it is made to temporarily disable the receptionRevenues and income replacement only mean the loss of earnings during the period of disability.

If a sum for the transfer of certain provisions have been received, but this is capital input, where it received the sum in the nature of compensation for loss of future profits is a receipt for income as A, tenant area of grog and producer of refractory products has been hindered by the railway company for work on the field next to the tracks. Amount paid byA railway company is the input of capital, because it is the receipt in place of his right to work in the field is the sound.

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