Explanation:

Revenue receipts are money received by a business as a result of its normal business operations. In this way, revenue receipts affect the profit or loss of a business. Capital receipts are non-recurring receipts that either increase a liability or decrease an asset. A capital receipt generally results from financing activities rather than operational activities, but there are many other differences. A receipt journal entry for revenue affects cash or accounts receivable and revenue. A receipt journal entry for capital will affect cash and an asset or liability account. Revenue and capital expenditures are classified similarly.