: State with reasons whether following Expenses/ Receipts of a Foam manufacturing factory are of Capital or Revenue nature; (10)

1. Royalty received from sale of copy rights.
2. Sold one of its non-profitable plant.
3. Interest received on saving account of mill
4. Rent Received from a building in a city
5. Sold old furniture at higher price
6. Rent paid in advance to owners of building
7. Carriage expenses paid to suppliers
8. Purchases new supply trucks
9. Replacement of old machinery with new ones
10. Commission paid to marketing agents