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WorksheetsCapital and Revenue Items
Total questions: 10
Worksheet time: 3mins
In which of the following might revenue expenditure be used?
purchase of machinery
money spent for patents
money spent on wages
money paid for a franchise license
Purchase of new computer for use in the office.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
Charges to install and set up the new computer in the office.
revenue expenditure
capital expenditure
capital receipt
revenue receipt
Selling out of date machinery for $3,000.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
Selling old office furniture for $500.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
Owner invests $10,000 into the business.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
Goods bought for resale.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
Goods sold on credit to customers.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
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 capital expenditure?
heat and lighting
stationery
owners funds
machinery
