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WorksheetsCapital and Revenue - Income and Expenditure
Total questions: 8
Worksheet time: 4mins
Which of the following is a Revenue Expenditure
Interest Received on Savings
Rent Received from Tenant
Purchasing Start-up Machinery
Purchasing Raw Materials
Which of the following is NOT capital expenditure for a T- Shirt factory?
Shop Rent
Office Furniture
Purchasing Land
Purchasing Machinery
Revenue Expenditure is money spent on items in the day to day running of a business; (E.g Raw materials)
True
False
Which of the following is NOT a revenue expenditure
Cost of ink cartridges
Purchase of paper
Cost of printer mainainance
Purchase of printer
Which of the following would be considered Capital income?
Monthly rent receieved
Sales of fixed assets
Discounts received
Receipts from cash sales
Which of the following best defines Capital expenditure?
Amount spent on purchase of fixed assets
Amount spent on running the day to day working of the business
Amount invested by the owner
Amount spent on maintenance of machinery
Capital Expenditure is money spent by the business on non-current assets that will stay in the business for a reasonable period of time; (E.g Land)
True
False
Which of the following is NOT an example of revenue Income
Early Payment Discounts
Cash from sales
Owners Capital
Interest Received
