222k views
7 votes
What is business and nonbusiness receipts

User MattC
by
5.4k points

1 Answer

7 votes

Answer:

Business receipts are total amounts the organization received during the accounting period, not subtracting costs, expenses, or anything otherwise.

Nonbusiness receipts are any earnings that do not have anything to do with your business or owned property.

User Askaroni
by
5.7k points