Explanation:

- Sale of land is a __________.

- Option 1: Revenue Receipt

- Revenue receipts are regular, recurring, and do not involve the sale of a significant asset. They typically come from business operations like sales and services.

- Option 2: Capital Receipt

- Sale of land is a capital receipt. It involves the transfer of a long-term asset and is generally non-recurring. It signifies the inflow of funds from selling a fixed asset.

- Option 3: Capital Expenditure

- This refers to funds spent by a business to acquire or upgrade physical assets such as property.

- Option 4: Revenue Expenditure

- These are short-term expenses meant for the day-to-day operation of a business.