Any donation received for a specific purpose is a? A. Liability B. Assets C. Revenue receipts D. Capital receipts Right Answer: Capital receipts Share : February 22, 2018 Asghar Khan Accounting Total 0 Votes: 0 0 Tell us how can we improve this Mcqs? Captcha: + = Verify Human or Spambot ? Related Mcqs Check Below -When a person purchasing goods on credit he becomes a_________in the books of the seller?The excess of current assets over current liabilities is called?The closing balance of a petty cash book is a / an?