Capital or Revenue Flashcards
1
Q
Electricity bill
A
Revenue Expenditure
2
Q
Purchase of a motor vehicle
A
Capital Expenditure
3
Q
Sales income
A
Revenue Income
4
Q
Purchase expenditure
A
Revenue Expenditure
5
Q
Insurance
A
Revenue Expenditure
6
Q
Rent received
A
Revenue Income
7
Q
Rent paid
A
Revenue Expenditure
8
Q
Sold a van
A
Capital Income
9
Q
Sold premises
A
Capital Income
10
Q
Purchased machinery
A
Capital expenditure
11
Q
Advertising campaign
A
Revenue expenditure
12
Q
Purchased IT systmem
A
Capital expenditure
13
Q
Paid wages
A
Revenue expenditure
14
Q
Receipts from receivables
A
Revenue income
15
Q
Payments to payables
A
Revenue Expenditure
