state whether each of the belownis capital expenditure or revenue expenditure

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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2. Fauzana owns a business that makes and sells pets clay. during the financial year ended 31 july 2020, she incurred the following items of expenditure. state whether each of the belownis capital expenditure or revenue expenditure

Clay for making the pets toys.
b.
а.
Wages of sales staff
Purchase of potters wheel for use in the
business
С.
Installation costs for the potters wheel
Wages of staff operating the potters
wheel
d.
е.
f.
Redecoration of store room
g.
Payment of extra wages to own staff for
fitting the alarm and cctv
h. Payment of architect fees for designing
the proposed new shop
i.
Purchase of new telephone system for
the business
Transcribed Image Text:Clay for making the pets toys. b. а. Wages of sales staff Purchase of potters wheel for use in the business С. Installation costs for the potters wheel Wages of staff operating the potters wheel d. е. f. Redecoration of store room g. Payment of extra wages to own staff for fitting the alarm and cctv h. Payment of architect fees for designing the proposed new shop i. Purchase of new telephone system for the business
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