KS Suraj owns and runs a sports shop and during the year ended 30 June 2020 he incurred the following items of expenditure: (1) Purchase of football boots for re-sale (2) Payment of wages for sales staff (3) Purchase of fixtures and fittings for new shop costing RM9,000 on account (4) Wages paid to the shop's employees for installing the fixtures and fittings RM1,000 (5) Payment of annual insurance premium for new shop (6) Purchase of a building for the new shop (7) Legal fees relating to the purchase of the building in (6) (8) Payment of bank overdraft interest (9) Installation of security equipment in new shop (10) Payment for initial decoration of new shop REQUIRED (i) List the above numbers (1) to (10) in your answer book and against each number state whether the related expenditure is either revenue related (Expense) or capital related (Property, Plant and Expenditure (PPE)). (5 marks) Show the journal entries for items (3) and (4) above. (2 marks) (iii) Discuss the need to classify the expenditures into 'Expense' and 'PPE'. # You may use one of the items above to illustrate