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Sort each receipt into revenue or capital.

Exercise and reference answers

Items
  1. Item
    Corporation tax
    Category
    Revenue receipt
  2. Item
    Interest received on loans
    Category
    Revenue receipt
  3. Item
    Grants-in-aid from abroad
    Category
    Revenue receipt
  4. Item
    Market borrowing
    Category
    Capital receipt
  5. Item
    PSU disinvestment
    Category
    Capital receipt
  6. Item
    Recovery of loans
    Category
    Capital receipt
Categories
  1. Item
    Revenue receipt
  2. Item
    Capital receipt
Instructions
Tap a receipt, then tap where it belongs.

Explanation

Revenue receipts create no claim on the government, so taxes, interest received and grants sit there. Any receipt that creates a liability or reduces financial assets is a capital receipt, which covers borrowing, disinvestment and loan recovery.
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