Match List I with List II
| LIST I | LIST II |
|---|---|
| A. Revenue Receipt | I. Increase in Liability |
| B. Capital Receipt | II. Do not increase in Asset |
| C. Revenue Expenditure | III. Increase in Asset |
| D. Capital Expenditure | IV. Do not increase Liability |
Choose the correct answer from the options given below:
Verified 13 Jul 2026.
A-I, B-III, C-II, D-IV
A-IV, B-I, C-II, D-III
A-II, B-III, C-IV, D-I
A-I, B-IV, C-II, D-III
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