Indicate whether the following payments are capital expenditure or revenue expenditure. 1 Purchase of delivery van. 2
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Indicate whether the following payments are ‘capital expenditure’ or ‘revenue expenditure’.
1 Purchase of delivery van.
2 Payment of rent.
3 Payment of telephone bill.
4 Tax and insurance for van.
5 Repairs to machinery.
6 Decoration of office.
7 Purchase of machinery.
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Related Book For 
Financial Accounting A Practical Introduction
ISBN: 9780273714293
1st Edition
Authors: Ilias Basioudis
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