1. State whether each of the below is Capital Expenditure or Revenue Expenditure. a. Purchase of new delivery vehicle b. Payment of an invoice for advertising c. Costs of clearing the site ready for an extension to the factory building d. Signwriting on the outside of the new delivery vehicles e. Redecoration of the office f. Payment of delivery driver’s wages g. Fuel for delivery vehicles h. Fitting of shelving in delivery vehicle
1. State whether each of the below is Capital Expenditure or Revenue Expenditure. a. Purchase of new delivery vehicle b. Payment of an invoice for advertising c. Costs of clearing the site ready for an extension to the factory building d. Signwriting on the outside of the new delivery vehicles e. Redecoration of the office f. Payment of delivery driver’s wages g. Fuel for delivery vehicles h. Fitting of shelving in delivery vehicle
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. State whether each of the below is Capital Expenditure or Revenue
Expenditure.
a. Purchase of new delivery vehicle
b. Payment of an invoice for advertising
c. Costs of clearing the site ready for an
extension to the factory building
d. Signwriting on the outside of the new
delivery vehicles
e. Redecoration of the office
f. Payment of delivery driver’s wages
g. Fuel for delivery vehicles
h. Fitting of shelving in delivery vehicle
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