Question 2 Jane started her Hairdressing Salon on 1 December 2020 and had the following transactions: You are required to assist her to identify the "Capital" and "Revenue" expenditure incurred (1 mark cachi 20 marks) (6) Installed 3 air-conditioners at the Salon Paid $500 for the yearly maintenance of the air conditioners, Bought hair clips for daily use (iv) Bought hairdressing tables (v) Bought hairdressing chairs (vi) Bought snacks for the staff (vii) Bought fire insurance policies for the Salon (vii) Bought hair lotion for use in the Salon Paid salaries to staff (x) Bought hospitalization insurance policies for the staff, Paid rental for the 1" quarter 2020 (xii) Paid overtime salaries to staff for December (xiii) Bought a new cash register (xiv) Paid interest on the bank loan to purchase the cash register (xv) Repainted the Salon (xvi) Paid coffee and tea for the customers (xvii) Bought stationery for use. (xviii) Paid bonuses to the staff (xix) Purchased new hairdryers (xx) Paid utilities for December 2020