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Revenue Receipts - They are distinguished from capital receipts by being exclusively derived
from the sale or exchange of the commodities which the company was organized to buy and sell,
the excess of receipts over expenditures constituting net profit or added actual capital —as money
received from customers' accounts. Revenue receipts are all the other sources of income of a
business (as distinguished from capital receipts). Made to cover all profits whether realized or
not, even when arising from an estimated rise in value of fixed assets, or when not incidental to the
nature of the business. Receipts derived as the direct result of trading, as distinguished from
capital receipts resulting from the sale of capital stock, or proceeds of bonds, mortgages, etc.
from the sale or exchange of the commodities which the company was organized to buy and sell,
the excess of receipts over expenditures constituting net profit or added actual capital —as money
received from customers' accounts. Revenue receipts are all the other sources of income of a
business (as distinguished from capital receipts). Made to cover all profits whether realized or
not, even when arising from an estimated rise in value of fixed assets, or when not incidental to the
nature of the business. Receipts derived as the direct result of trading, as distinguished from
capital receipts resulting from the sale of capital stock, or proceeds of bonds, mortgages, etc.
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