Distinguish between: 1. Revenue budget and capital budget

Distinguish between:
1. Revenue budget and capital budget

Revenue budget
Capital budget
It consists of items that neither lead to a change in the assets nor change the liabilities of a government.
It consists of items that lead either to a change in the assets or a change in the liabilities of a government.
It consists of revenue receipts and revenue expenditure.
It consists of the capital receipts and capital expenditure.
It consists of revenue and expenditure that are incurred in day to day life.
These include items which are long term in nature.

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