Capital and Revenue Expenditure and Receipts

Machinery, vehicles and property are

examples of ______ expenditures.

• revenue

• capital

Used to buy current assets which are used in less than 1 year.

• revenue

• capital

Assets that will be used for more than 1 year are called____

• current

• fixed

Purchase of property for new office

• Capital Expenditure

• Revenue Expenditure

Repairs to premises

• Capital Expenditure

• Revenue Expenditure

Wages and Salaries of office workers

• Capital Expenditure

• Revenue Expenditure

Purchase of delivery van

• Capital Expenditure

• Revenue Expenditure

Payment of Electricity Bill

• Capital Expenditure

• Revenue Expenditure

Installation of new machinery

• Capital Expenditure

• Revenue Expenditure

Sale of stock of goods

• Capital Receipt

• Revenue Receipt