ACTIVITY 1: Identify which of the following is Capital Expenditure or Revenue Expenditure? Purchase of goods for resale Purchasing new fixtures and equipment Paying rent and rates by cheque Cost of erecting new machines Repairs to existing fixtures Legal costs incurred in collecting debts Extension to existing building Roof repairs woloo[sJalulalul[e Cost of registration fee for new van 10 _ | Petrol cost for existing motorvan ACTIVITY 2: Identify which of the following is Capital Expenditure or Revenue Expenditure? io Cost of building extension to factory Cost of installing reconditioned engine in existing van Carriage costs on sales Carriage costs on purchases of goods Wages and salaries to supervisors and managers Legal charges on acquiring new premises Cost of acquiring patent rights Fitting partitions in shop to] ]SJolayaleyn]e Fire insurance premium 10 _| Cost of hiring a motorvan for 3 months ACTIVITY 3: Identify which of the following is Capital Expenditui ire or Revenue Expenditure? Depreciation of machinery Cost of painting business name on new van Interest on loan to purchase new machinery Cost of software for new micro processor Costs of floppy disks used during the year. Stationery expenses Installation costs of new air conditioning system Wages of computer operators tofoo|Salulslolnfe Replacement cost of fittings for existing laboratory. 10 _| Repairs and maintenance