Capital & Revenue Expenditure & Receipts (Cambridge (CIE) IGCSE Accounting): Exam Questions

Exam code: 0452 & 0985

13 mins8 questions
13 marks

Roger purchases new window cleaning equipment which is to be installed in the business vehicles.

REQUIRED

Complete the table by inserting a tick (✓) to show how each item of expenditure should be classified. The first one has been completed as an example.

Capital expenditure

Revenue expenditure

Purchase of the equipment

Installation costs of the equipment

Carriage costs for the equipment

Insurance costs for the equipment

24 marks

Stalla had an extension to her retail premises built during 2023. The extension will be used as an office.

REQUIRED

Place a tick (✓) in the correct box below to indicate whether each cost is capital expenditure or revenue expenditure

Capital expenditure

Revenue expenditure

Legal fees for obtaining permission to build the extension

Building costs for the extension

Insurance for the office

Painting the office extension

Office calendar for 2023

Purchase of office equipment

Installation of office equipment

Stationery for office