For a commercial farm, classify the following expenditure into either capital or revenue: (a) Delivery costs of
Question:
For a commercial farm, classify the following expenditure into either capital or revenue:
(a) Delivery costs of pesticide
(b) Insurance of tractors
(c) Installation costs of new machinery for milking cows
(d) Wages paid for casual labour
(e) Petrol for combine harvester
(f ) Cost of constructing new extension to farm barn
(g) Repair costs to existing barn door.
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Related Book For 
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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