During the month of February Thomas Wilding paid for the following items: LO6

(i) Fire insurance premium for factory

(ii) Cost of building new extension to factory

(iii) Legal fees paid in connection with new extension

(iv) Carriage costs on purchases

(v) Cost of painting new extension

(vi) Cost of repairing photocopier You are required to:

(a) List the items as appropriate, under the headings of Capital or Revenue Expenditure.

(b) State which items will be charged to the trading account, the profit and loss account or the balance sheet.